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Kelly Sommeling

kellysommeling@gmail.com +1(609) 315-9166

Listed by Nick Brennan • Keller Williams Realty - Margate

$899,999

Est. payment - /mo

2,439 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID NJGL2076330

Year Built 1920

Available Date 2026-08-01

Annual Tax Amount $7,526

Tax Year 2025

Lot Size 2,439 Sqft

Acres 0.06

Lot Dimensions 0.00 x 0.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Investors, take note of this New Investment Opportunity in the Heart of Pitman! This fully occupied 3-unit mixed-use building is located in the heart of Pitman on the busy and highly visible street of South Broadway and is now available at an impressive CAP Rate over 7.5%. Recent improvements include brand new electrical rewire, new plumbing, new mini-split systems in the commercial space, fresh paint, new flooring in both the commercial space and 1 residential unit, and more! With strong revenue in place, major capital improvements already completed, and a prime Main Street location, this is a remarkable turnkey investment opportunity. Photos of the renovated residential units available separately per Tenant request. The property currently grosses $84,000 Annually, netting an impressive $69,000. Don't miss your chance to own an income-producing property in one of the highest demanded ZIP codes in all of Gloucester County. Whether you're looking to expand your portfolio or secure a cornerstone asset in a thriving downtown, 35–37 S Broadway checks all the boxes.

Location

State NJ

County Gloucester

Area Pitman Boro (20815)

Zoning C-1

Interior

Hot Water Natural Gas

Heating Other, Zoned

Cooling Central A/C, Ductless/Mini-Split, Multi Units, Other

Heat Source Electric, Oil

Exterior

Utilities Available Cable TV, Electric Available, Sewer Available, Phone Connected, Other

Water Access N

Accessibility 2+ Access Exits, Other

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

Middle Schools Pitman M.S.

High Schools Pitman H.S.

School District Pitman Boro Public Schools

Others

Tax ID 15-00074-00001

Ownership Fee Simple

Acceptable Financing Conventional, Contract, Cash, FHA, USDA, VA, Other

Listing Terms Conventional, Contract, Cash, FHA, USDA, VA, Other

Financing Conventional,Contract,Cash,FHA,USDA,VA,Other

Special Listing Condition Standard

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Kelly Sommeling

+1(609) 315-9166

REALTOR® | License ID: 1756908

REALTOR® License ID: 1756908

35-37 S BROADWAY Pitman, NJ 08071

Kelly Sommeling

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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