For Sale Commercial MLS# NJGL2079326

55 COMMERCE AVE

PITMAN, NJ 08071

$2,100,000

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About 55 COMMERCE AVE

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 details

Property

Type
Industrial
MLS type
Commercial
Status
Active
Year built
1940
Lot
0.77
Original price
$2,100,000
MLS #
NJGL2079326

Interior

Features
Natural Gas

Exterior & lot

Construction
Block
Lot
C-2, 15-00077-00002

Schools

District
Pitman Borough School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Financial
BRIGHT_MAIN
Annual tax
$25,909
Tax year
2025
Parcel
15-00077-00002

Location

Area
Pitman Boro (20815)
County
GLOUCESTER-NJ
Community
GLOUCESTER-NJ, BRIGHT_MAIN, PITMAN BORO PUBLIC SCHOOLS
Directions
E Holly Ave to Commerce Ave

Location

School district
Pitman Borough School District

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Listed by Joseph P Penzone, Penzone Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.