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 b1;0.76 acre, including a b1;20,819 SF main building and b1;1,848 SF secondary storage/garage structure, with approximately 242 feet… Read More 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. Read Less
Courtesy of Joseph P Penzone, Penzone Realty, 856-227-3004
Listing Snapshot
Days Online
30
Last Updated
Property Type
Commercial
Square Ft.
22,667
Lot Size
0.77 Acres
Year Built
1940
MLS Number
NJGL2079326
Additional Details
Building
Built in 1940, Construction Materials: Block
Cooling
None
Accessibility Features
None
Heating
None
Lot
0.77 acres
Sewer
Public Sewer
Taxes
Annual Amount: $25,909, Lot: 00002, Year: 2025, Zoning: C-2, Zoning description: C-2 - Established industrial operating history; and a central Pitman location near the proposed passenger-rail station area.
Utilities
Water Source: Public
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.