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About the Listing KWRLTYM - 3394599
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.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Commercial Sale
MLS ®
NJGL2076330
Year Built
1920
Total Square Footage
4,816
Lot/Acreage
0.06
County
Gloucester
Area
Pitman Boro (20815)
School District
Pitman Boro Public Schools
Middle School
Pitman M.S.
High School
Pitman H.S.
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C,Ductless/Mini-Split,Multi Units
- Heating: Zoned
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 0.00 x 0.00
- Zoning: C-1
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $7,526
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
35 S Broadway Pitman, NJ 08071
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