MLS#NJGL2079326
STATUSACTIVE
PROPERTY TYPECommercial - Industrial
SCHOOLPITMAN BORO PUBLIC SCHOOLS
Property 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 Features
Property Type: Commercial - Industrial
Cooling: None
Fuel Type: Natural Gas
Heating: None
Lot Size: 0.77 Acres
Taxes: $25,909
Year Built: 1940
Feature Descriptions
Days on Site: 8
Exterior: Block
Lot Dimensions: 0.77 Acre(S)
Municipality: PITMAN BORO
Sewer: Public Sewer
Total Garage/Parking Spaces: 12
Water: Public
Local Schools
School District: PITMAN BORO PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Penzone Realty
Agency Phone: 8562273004
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
55 Commerce Avenue | MLS# NJGL2079326
This commercial property located at 55 Commerce Avenue, Pitman, NJ 08071 is currently listed for sale with an asking price of $2,100,000. Commerce Avenue is located within the PITMAN BORO PUBLIC SCHOOLS school district. Search Pitman real estate on www.realtymark.net today.