Back to Search
Ventnor Commercial Redevelopment Opportunity

4910 Wellington Ave Ventnor, NJ 06406

4910 Wellington Ave, Ventnor, NJ, 06406
$2,195,000
For Sale
Claim this Listing
$2,195,000

COMMERCIAL - Ventnor, NJ

Property Size11,500 SF
Lot Size1.93 Acres
Price / SF$190.87
AddedApr 23
Days on Market85
Last RefreshJul 16 at 10:06 am

Property Features for 4910 Wellington Ave

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
D-C
Standard status
Active
Size
11,500 SF
Lot size
1.93 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
27602

Listing agent SAMANTHA ZERAFA ROESSLER License #1643608

Listing office FORESITE COMMERCIAL REALTY 2408 NEW ROAD, NJ

Listing date Apr 23, 2026

MLS# 607498

Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property features approximately 1.93 acres with an existing building of approximately 11,500 square feet. It is located in a redevelopment district and offers an excellent opportunity for a retail with residential mix, subject to approvals. The zoning is D-C (Design Commercial). A drive-thru bank machine ground lease is in place until 2030. The property is situated next to the Ventnor Plaza Shopping Center, which is anchored by Acme, Starbucks, Burger King, and Auto Zone. Ventnor Beach is located under 2 miles away. The adjacent property is being developed into a self-storage facility. The property is easily accessible from the Black Horse Pike / 322, in Ventnor, NJ.

Key Highlights

  • Prime location in a redevelopment district with potential for retail/residential mix (subject to approvals).
  • Existing 11,500 +/- sf building on 1.93 +/- acres.
  • Drive‑thru bank machine ground lease in place until 2030.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $310.5k $27.00
− Vacancy −$37.3k −$3.24
EGI $273.2k $23.76
− OpEx −$102.5k −$8.91
NOI $170.8k $14.85
11,500 SF · lease $27.00/SF/yr · vacancy 12.00% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$2.44M
$2.13M – $2.85M (±1% cap)
NOI $170,775 @ 7.0% cap · market cap 7.78%
Second Best
Retail
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,486 @ 7.0% cap · market cap 5.03%
Theoretical Best
Warehouse
$4.28M
$3.75M – $5.00M (±1% cap)
NOI $299,777 @ 7.0% cap · market cap 13.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Dollar General Discount Store Western Union Bank

Suggested Use

Building Supply Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Dental Office Spa & Massage Center Auto Parts Store Law Firm Hair Salon Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Prime 1.93-acre property with redevelopment potential in Ventnor, NJ.
Where is this mixed-use property located?
The property is located at 4910 Wellington Ave Ventnor, NJ.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: Prime location in a redevelopment district with potential for retail/residential mix (subject to approvals).; Existing 11,500 +/- sf building on 1.93 +/- acres.; Drive‑thru bank machine ground lease in place until 2030.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message