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55 Commerce AvenuePitman, NJ 08071

GLOUCESTER County

$2,100,000List price
22,667Sq Ft
1940Year built
0.77Acre lot
1 day agoOn market

Description

Penzone Realty is pleased to present 55 Commerce Avenue, a distinctive industrial property located in the heart of Pitman, New Jersey. The offering consists of approximately 22,667 SF of existing improvements on ±0.76 acre, including a ±20,819 SF main building and ±1,848 SF secondary storage/garage structure, with approximately 242 feet of frontage along Commerce Avenue. The property contains substantial existing warehouse, staging, loading, office and support areas with multiple points of building access, dock-high loading and documented three-phase electrical service. The existing configuration provides an opportunity for continued industrial or owner-user occupancy while also offering potential for reconfiguration, adaptive reuse or redevelopment, subject to zoning and municipal approvals. What makes 55 Commerce Avenue particularly interesting is its in-town Pitman location. The property sits near downtown Pitman and the rail corridor in the area of the proposed Pitman Station of the Glassboro-Camden Line, creating a longer-term location and redevelopment story in addition to the utility of the existing industrial improvements. Potential purchasers may include industrial owner-users, warehouse or specialized industrial operators, investors evaluating subdivision or reconfiguration for smaller industrial/flex users, and buyers considering adaptive reuse or longer-term redevelopment.

Property Information

Property type
Commercial Sale
Sub-type
Industrial
Year built
1940
Building area
22,667 Sq Ft
Lot size
0.77 acres
Parking spaces
10
Zoning
C-2
Days on market
1
MLS® Listing#
NJGL2079326

Property Features

Cooling
None
Heating
Natural Gas · None
Construction
Block
Sewer
Public Sewer
Water source
Public

Schools

District
PITMAN BORO PUBLIC SCHOOLS

Financial Details

Annual taxes
$25,909Tax year 2025
Assessed value
$720,500
Parcel number
15-00077-00002

Directions

E Holly Ave to Commerce Ave

Listing Courtesy: Penzone Realty - 8562273004

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