Portfolio of three vacant buildings located at 4943 Landis Avenue and 614 Union Road in Vineland, New Jersey.

Parcel numbers are Block: 7701, Lot: 16  and Block: 7701, Lot 14.02

The Properties are offered significantly below replacement cost and offer an exceptional owner/user or investment opportunity with significant value enhancement potential at a significant discount. 

The Properties include three buildings totaling ±25,588 square feet on two parcels spanning approximately 7.1 acres. The first building is a 1,600 square foot former bank branch with drive thru located at 4943 Landis Avenue. The other two buildings are 614-A Union Road, an 11,963 square foot commercial building connected via a covered walkway to 614-B Union Road, a 12,025 square foot building. The paved parking lots offer ample surface spaces to the Properties and are easily accessible via multiple points of egress/ingress with frontage along Landis Avenue and Union Road.  These buildings present a significant value-add opportunity for owner-users or investors through lease-up at long-term market rates. Zoned B1, Business District, the properties benefit from flexible zoning that accommodates a variety of commercial and retail uses through adaptive reuse or repositioning.

The Properties are located within Atlantic County, part of the Philadelphia MSA. Vineland is just west of Atlantic City (±45-minutes) and ±60 minutes from Philadelphia. The Properties are positioned on two parcels with frontage on Landis Avenue (±7,340 VPD) and Union Road (±3,091 VPD) 

Property is being sold strictly AS IS-WHERE IS. Buyer should do their due diligence on property condition and development potential with seller making no warranties whatsoever.

The sale will be conducted through Madison Title Agency located in Lakewood NJ with the buyer receiving clear title/title insurance. Buyer to pay all closing costs at closing, as well as a 10% buyer's premium. Taxes will be prorated to closing. Attached Owners policy if for reference.

Buyer must sign a purchase agreement and open escrow with a 10% nonrefundable deposit within 2 business days of the auction's close. Full closing must be completed within 25 calendar days.