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Micah Yerk

myerk@desatnickrealestate.com +1(609) 408-3434

$ 3,999,900

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3710 Landis Avenue Sea Isle City, NJ 08243

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 261418

Annual Tax Amount $12,232

Tax Year 2026

Lot Dimensions 100x110

Property Sub-Type Mixed Use

Property 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.

Location

State NJ

County Cape May County

Area Sea Isle City

Zoning C-1

Location Details Island,Business District,Water View

Rooms

Other Rooms Laundry Room, Public Restroom, Retail Store, Utility Room

Interior

Interior Features Display Window, Fire Sprinkler System, Living Space Available, Restroom, Smoke/Fire Alarm, Storage

Heating Gas Natural, Forced Air

Cooling Central Air Conditioning, Wall Air Conditioning

Exterior

Exterior Feature Restrooms, Sign, Security Light/System, Other (See Remarks)

Parking Features 11 Or More Spaces, Off Street, Paved

Building

Lot Description Island, Business District, Water View

Story 2

Sewer City

Water City

Structure Type Block,Concrete,Wood/Frame

Others

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Listed by KELLER WILLIAMS REALTY JERSEY SHORE - SIC

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Micah Yerk

Broker-Salesperson/Managing Broker, Lower Township Office | License ID: 1110889

+1(609) 408-3434

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Micah Yerk

3710 Landis Avenue Sea Isle City, NJ 08243

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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3710 Landis Avenue