Landis Co. of Sea Isle Realty
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3710 Landis Avenue, Sea Isle City - ACTIVE

For Sale: $3,999,900  | MLS: 261418 | Type: COMMERCIAL | Bedrooms: 0 | Baths:  | Half Baths:  | Lot Size: 100x110 | DOM: 21 Days

DESCRIPTION

Exceptional real estate opportunities of this magnitude are rarely offered in the highly competitive Sea Isle City market. Positioned on an expansive, high-visibility 100x110-foot parcel, this landmark mixed-use property commands a premier presence in the heart of a bustling downtown district, directly adjacent to a high-traffic Wawa. The substantial footprint currently houses the legendary Phil s Famous Pizza and Restaurant, a 2600 square foot unit with 53 seats, prep area, storage area, counter area, take out windows and more. A true staple of the local community, Adjoining the restaurant is a versatile commercial unit, currently operating as a nail salon, which offers incredible flexibility for a secondary dining concept, a boutique retail boutique, or a professional service business. Beyond its prime commercial appeal, the true financial engine of this property lies in its four on-site residential rental units, which provide a powerful, diversified revenue stream to offset expenses and maximize yield. The residential portfolio includes two comfortable one-bedroom, one-bathroom units, and additional two-bedroom, one-bathroom unit. The crown jewel of the residential component is a beautifully and completely renovated two-bedroom, two-bathroom suite, meticulously designed with premium finishes that make it ideal for year-round luxury living, a high-end vacation rental, or exclusive owner's quarters. This multi-faceted asset is perfectly tailored for an ambitious restaurant group looking to expand into a premier coastal market, or for a savvy investor seeking immediate, consistent cash flow with substantial long-term appreciation. Adding to its immense value, the property possesses extraordinary future development upside. Subject to municipal zoning approval, the massive parcel can be redeveloped into a modern mixed-use complex featuring up to eight expansive 1,500-square-foot residential condominiums sitting atop premier street-level commercial storefronts. Whether you choose to operate the existing successful framework or redevelop the site to unlock its maximum density, this trophy property represents a generational investment in one of New Jersey's most desirable beach towns. To protect the privacy and operational integrity of the current businesses, all interested parties must sign a Confidentiality and Non-Disclosure Agreement (NDA) prior to receiving financial information or scheduling a private showing.

PROPERTY AMENITIES

  • Heating:Gas Natural   
  • Heating:Forced Air   
  • Display Window  
  • Fire Sprinkler System  
  • Living Space Available  
  • Restroom  
  • Smoke/Fire Alarm  
  • Storage  
  • Cooling:Central Air Conditioning  
  • Cooling:Wall Air Conditioning  
  • City  
  • Exterior:Block  
  • Exterior:Concrete  
  • Exterior:Wood/Frame  

PROPERTY LOCATION / MAP

Let LANDIS CO. RELATORS be your buyer's agent for this listing. LISTING IS PROVIDED BY KELLER WILLIAMS REALTY JERSEY SHORE - SIC. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.
Landis Company - Sea Isle City New Jersey
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