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Listed by Joseph Penzone • Penzone Realty
$ 2,100,000
Est. payment /mo
New
55 COMMERCE AVE Pitman, NJ 08071
0.77 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJGL2079326
Year Built 1940
Annual Tax Amount $25,909
Tax Year 2025
Lot Size 0.767 Acres
Acres 0.77
Property Sub-Type Industrial
Source BRIGHT
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.
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.
Location
State NJ
County Gloucester
Area Pitman Boro (20815)
Zoning C-2
Interior
Hot Water None
Heating None
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 12.0
Water Access N
Accessibility None
Total Parking Spaces 12
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Pitman Boro Public Schools
Others
Tax ID 15-00077-00002
Ownership Fee Simple
Special Listing Condition Standard
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