Property

Pitman, NJ 08071 8 N Broadway

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Presented By: RE/MAX Of Cherry Hill
  • MLS# NJGL2061806
  • 08/27/2025
  • Request Tour
  • Request Info
  • SQFT • 9,500

Home Details

Don't miss this exceptional Business Opportunity Location, Location, Location! Seize this chance, ideal for the discerning investor. Situated in the vibrant heart of the Pitman business district, just off the corner of N. Broadway and E. Holly, this prime location offers unparalleled visibility. This historic, fully renovated stucco exterior buildingrecently repainted five years agospans approximately 9,000 square feet and currently accommodates three tenants. The first-floor tenant operates a medical-related business, while the second-floor features conference and meeting rooms. The third floor includes a spacious area with a full bathroom, kitchen, and multiple offices. The first floor, remodeled in 2024, is home to a long-standing tenant and includes various spaces, entrances, a large waiting area, large equipment & workout areas, and several offices/treatment rooms. It is equipped with mobility-friendly features, including assistive equipment (tenant equipment excluded). The second floor, remodeled three years ago, boasts a large conference/meeting room, a built-in bar, several offices, waiting areas, a sitting room, a dining room, a game room, two bathrooms, and a new A/C unit. The third floor, also remodeled three years ago, provides additional space with a large reception area, sitting area, multiple offices, a full bathroom, and a kitchen/break room, featuring a newer HVAC system and a large and spacious open area, perfect for a waiting room or conference meetings. Meticulously remodeled and maintained throughout, this property includes approximately 20 parking spaces, ensuring convenience for tenants and visitors alike. The basement is accessible for utilities and storage. The first-floor rear A/C unit is nearly brand new, while the front A/C unit has recently been serviced. The second-floor A/C units were replaced three years ago, and the third-floor A/C was updated seven to eight years ago. The hot water heater is almost brand new, with a capacity of 40 gallons. Leases are available upon request. New leases are signed, with increases built in over 5 years! Call for a list of expenses and the P & L ! This represents a remarkable investment opportunity! Contact the listing agent for additional information!
Presented By: RE/MAX Of Cherry Hill

Interior Features for 8 N Broadway

Other Interior Features

Clear Span Ceiling Height12' to 15', 8' to 10'
Central Air Y/NYes
FlooringCarpet, Ceramic Tile, Luxury Vinyl Plank, Tile/Brick, Other
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric
Number of Elevators
Total Stories3

General for 8 N Broadway

Acceptable FinancingBank Portfolio, Cash, Conventional, Other
Accessibility36 + wide Halls, Doors - Lever Handle(s), Grab Bars Mod, Other Bath Mod, Ramp - Main Level, Accessible Switches/Outlets
Association Recreation FeeN
Business TypeBanquet Facility/Lodge, Medical, Other/General Retail, Professional
CityPITMAN
Construction MaterialsCombination, Frame, Glass, Mixed, Mixed Plumbing, Stick Built, Stone, Stucco, Brick, Copper Plumbing, CPVC/PVC
Cool FuelElectric
CoolingCentral A/C, Multi Units, Zoned
CountyGLOUCESTER
DirectionsDelsea Drive to E. Holly - PIQ: E. Holly and N. Broadway
DisclosuresProp Disclosure
Electric3 Phases, Circuit Breakers, Other
ExclusionsTenants' personal possessions and equipment
HeatingForced Air, Hot Water, Hot Water & Baseboard - Electric, Zoned
Historic Y/NYes
Lease Considered Y/NNo
Location TypeBusiness District
Lot Size Square Feet17576.00
Lot Size UnitsSquare Feet
MLS AreaPitman Boro (20815)
MunicipalityPITMAN BORO
New ConstructionNo
Number Of Units Total1
Operating Expense50.00
OwnerPaysInsurance, Common Area Maintenance, Taxes - Real Estate
OwnershipFee Simple
PossessionNegotiable, Immediate, 0-30 Days CD, 31-60 Days CD, 61-90 Days CD, 90-120 Days CD, 120-180 Days
Possible UseMedical/Dental, Professional Service, Other
Price Per Sq Ft Total AG126.32
Property ConditionExcellent, Very Good, Good, Average
Property SubtypeMixed Use
Property TypeCommercial Sale
Property UseInvestment
RoofFlat, Tar/Gravel, Other
Security FeaturesCarbon Monoxide Detector(s), Electric Alarm, Exterior Cameras, Fire Detection System, Monitored, Smoke Detector
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount16937.0
Tax Assessed Value484900.0
Tax Lot00022
Tax Year2025
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles
Trash Expense400.00
UtilitiesAbove Ground, Cable TV Available, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone Available, Sewer Available, Water Available
Vacation Rental Y/NNo
ViewCity, Street
Virtual TourClick here
Water Access Y/NNo
Year Built1906
Year Built SourceEstimated
ZoningC-1

Exterior for 8 N Broadway

Building Area Total9500.00
Car Parking Spaces20
Door FeaturesENERGY STAR Qualified Door(s), Insulated
Fencing Y/NN
Foundation DetailsCrawl Space, Stone, Other
InclusionsLandlord/Owners refrigerator and oven
Land Assessed Value103000.00
Land Use Code
Lot Dimensions95.00 x 185.00
Lot FeaturesFront Yard, Level, Open, Rear Yard, SideYard(s), Sloping
Lot Size Acres0.40
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesHandicap Parking, Lighted Parking, Paved Parking, Private, Surface
Road ResponsibilityBoro/Township
Road Surface TypeBlack Top
Total Loading Docks0
Total Parking Spaces20
Type of ParkingOff Site, Parking Lot, Other
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Brian Lee

Associate
Price $1,200,000
MLS#NJGL2061806
List Date 08/27/2025
Property Type Commercial
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