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Property summary
This historic, stucco commercial building is located in downtown Pitman in the business district near the corner of N. Broadway and E. Holly. The property contains approximately 9,000 sq. ft. of commercial space on a 0.4-acre lot and has a repainted exterior (repainting occurred about five years prior to the listing) along with updates to utilities, windows, and major building systems. The building is configured for three tenant spaces across three floors plus a basement. The first floor (remodeled in 2024) is approximately 50' x 15' and includes multiple rooms and entrances, a large waiting area, an equipment area, and several offices/treatment rooms; this level is equipped for assistive use and is mobility friendly. The second floor (remodeled about three years prior) is approximately configured with a large conference/meeting room, built-in bar, multiple offices and waiting areas, a sitting room, a dining room, a game room, and two bathrooms, and includes a new A/C unit. The third floor (remodeled about three years prior) is approximately 37' x 14' and includes a large reception area, sitting area, multiple offices, a full bathroom, and a kitchen/break room, and features a newer HVAC system. A basement area provides access for utilities and storage, and the property includes approximately 20 parking spaces.
Property profile
VerifiedCap rate & NOI
Current use
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Advocacy Group
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(Bike/Boat/Book/etc) Store
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Any use permitted in C-1 Commercial Districts. b. Wholesale business establishment. c. Motor vehicle service station, motor vehicle sales agency, public garage or automobile repair shop, provided that all facilities are…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Pitman market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Pitman, NJAny use permitted in C-1 Commercial Districts. b. Wholesale business establishment. c. Motor vehicle service station, motor vehicle sales agency, public garage or automobile repair shop, provided that all facilities are…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Any use permitted in C-1 Commercial Districts. b. Wholesale business establishment. c. Motor vehicle service station, motor vehicle sales agency, public garage or automobile repair shop, provided that all facilities are…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-1 in Pitman, NJ.
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