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.
| MLS # | NJGL2079326 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1940 |
| Days On Site | 33 |
| Listing Provided By | Penzone Realty | Joseph P Penzone |
| Zoning | C-2 |
|---|---|
| Acreage | 0.77 |
| Cooling | None |
|---|---|
| Heating | None |
| Construction Materials | Block |
|---|
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 25909 |
|---|
| State | NJ |
|---|---|
| County | GLOUCESTER NJ |
| City | PITMAN |
| Zip Code | 08071 |
| Area | Pitman Boro (20815) |
| School District | PITMAN BORO PUBLIC SCHOOLS |
| Listing VS Median (in 08071) | |
Price: $2,100,000 low | high Med: $339,900 On site: 33 low | high Med: 48 | |
| State | NJ |
|---|---|
| County | GLOUCESTER NJ |
| City | PITMAN |
| Zip Code | 08071 |
| Area | Pitman Boro (20815) |
| School District | PITMAN BORO PUBLIC SCHOOLS |
| Listing VS Median (in 08071) | |
Price: $2,100,000 low | high Med: $339,900 On site: 33 low | high Med: 48 | |
![]() | $1,750,00059 S BroadwayPitman, NJ 08071 |