4101 Landis Avenue

$5,400,000

About This Property

A once in a lifetime opportunity! The most prized piece of Real Estate located on the “Premier” corner in all of Sea Isle City is now being offered for sale. Angelo’s Restaurant has been a successful family owned and operated business for 39 years that is a staple of the Sea Isle community. Being offered for sale is a Meticulously designed Building, with two separate businesses which include the Iconic Angelo’s Restaurant/Pizzeria which is a “turn key” 3900sqft restaurant with seating for 130 people with 2 large dining rooms and fully equipped kitchen that is ready for business now! The 8 Income producing Residential units above the restaurant make up “SurfSide Suites”. This incredible custom-built building has 3 stories and boasts an impressive 10,000sqft and sits on a 5,154sqft corner beach block lot on the busiest corner of town! The second-floor features 6 residential units with a common area laundry room and office. Five of the units on the second floor are 1 bedroom, 1 bath units with tile flooring throughout and one of the units is a 2 bedroom, 1 bath. The top floor features breathtaking, wide open ocean views from the deck and two residential units with 3 bedrooms and 2 Full bathrooms and a beautiful open lay out. These 8 Residential units have been successful income producing vacation rental properties boasting impressive rental numbers. The opportunities with this incredible building are ENDLESS! OWNER FINANCING available to qualified buyer! Buyer must honor existing 2021 Leases for the residential units. Call Today For Additional Information, this offering will not last long in this market!

Essential Information

MLS® #210631
Price$5,400,000
TypeCommercial/Industrial
Sub-TypeRestaurant
StatusACTIVE

Community Information

Address4101 Landis Avenue
AreaSea Isle City
CitySea Isle City
StateNew Jersey

Amenities

ViewWater View

Interior

HeatingGas Natural, Forced Air
CoolingCentral Air Conditioning
# of Stories3

Interior Features

Restroom, Storage, Fire Sprinkler System, Living Space Available, Smoke/Fire Alarm

Exterior

ExteriorConcrete

Exterior Features

Restrooms, Storage Building, Sign

Additional Information

Date ListedFebruary 20th, 2021
Days on Market9
ZoningComm/Mixed

Listing Details

Office

LONG & FOSTER REAL ESTATE, INC sic

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