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. 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.
Fully leased office building. 12 units, 10 tenants, Most tenants are multiple year tenancies. Great appeal! Great investment! Call for more details and P & L ! You don't want to miss this one! Call for the OM and a tour!
Versatile Opportunity: Spacious Mixed-Use Property or Stunning Single-Family Home Unlock the potential of this expansive property—whether you envision it as a grand single-family home or an income-generating mixed-use space, the possibilities are endless! Currently, the entire first floor is utilized as an insurance office, featuring a half bathroom, kitchen breakroom, and direct access to a full basement for storage and utilities. Meanwhile, the second and third floors house a spacious 3-bedroom, 2-bathroom apartment with a large deck, perfect for relaxation and outdoor enjoyment. Step outside to appreciate the massive grounds, including an oversized detached garage and a large parking lot accommodating 15+ vehicles—ideal for a thriving business or generous private parking. With the owner relocating, it’s your chance to transform this space into your vision. Maintain the mixed-use setup for steady rental income, or restore its original beauty as a grand single-family residence. Whether you want to showcase your business on the first floor or create an expansive dream home, this property is ready for your imagination to take flight! Come explore the possibilities today.
Pitman is located in New Jersey. Pitman, New Jersey has a population of 8,812. Pitman is less family-centric than the surrounding county with 32.18% of the households containing married families with children. The county average for households married with children is 32.18%.
The median household income in Pitman, New Jersey is $84,303. The median household income for the surrounding county is $93,208 compared to the national median of $69,021. The median age of people living in Pitman is 42.8 years.
The average high temperature in July is 86.8 degrees, with an average low temperature in January of 23.9 degrees. The average rainfall is approximately 46 inches per year, with 17.8 inches of snow per year.