$ 3,999,900
-
$3,999,900
Price -
0
Bed -
0
Bath -
7,238
SqFt
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About the Listing KWRLTYSIC - 3382496
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.
Listing Highlights
Status
Active
Days on Site
28
Property Type
Commercial Sale
MLS ®
NJCM2007388
Year Built
1986
Total Square Footage
7,238
Lot/Acreage
0.25
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C,Wall Unit,Window Unit(s)
- Heating: Forced Air,Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 13
- Lot Dimensions: 110.00 x 100.00
- Zoning: Zoning would allow for future redevelopment with 8 residential condos (1500 sf each) with commercial units on ground floor.
- Roof: Flat,Asphalt
- Others: Good
- Sewer: Private Sewer
- Parking Features: Paved Parking,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $12,231
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
3710 Landis Ave Sea Isle City, NJ 08243
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