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4910 Wellington Ave
Ventnor City, NJ 08406
Retail Property For Sale
Executive Summary
1.93 +/- acres with 11,500+/- sf existing building. Prime piece of property located in a redevelopment district. Excellent opportunity - potential for retail with residential mix subject to approvals. Drive thru bank machine ground lease in place to 2030. Zoned D-C (Design Commercial). Located next to the Ventnor Plaza Shopping Center, anchored by Acme, Starbucks, Burger King, Auto Zone and more. Ventnor Beach is under 2 miles away. Adjacent property being developed into a self storage facility. Easily accessible from the Black Horse Pike / 322.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,671 SF
Building Class
C
Year Built/Renovated
1970/2014
Price
$2,195,000
Price Per SF
$188.07
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.92 AC
Zoning
DC
Frontage
412’ on Wellington Ave
Property Taxes
| Parcel Number | 22-00303-0000-00002-01 | Improvements Assessment | $98,300 |
| Land Assessment | $298,500 | Total Assessment | $396,800 |
Property Taxes
Parcel Number
22-00303-0000-00002-01
Land Assessment
$298,500
Improvements Assessment
$98,300
Total Assessment
$396,800
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