About 2237 S Olden Ave
Situated on a corner lot in Hamilton Township, this Shell-branded gas station presents a compelling investment opportunity. The station features eight pumps and three service bays, which are fully equipped with two rotary lifts and an alignment lift, maximizing additional revenue. The current owner has been a key figure at this location since 1986, first through a lease and then as the owner since 2011. The property was remodeled in 2008, and the pumps were refurbished in 2024, ensuring that the station operates with modern and reliable equipment. Both the business and the property are included in the sale, providing the new owner with the flexibility to structure any future lease opportunities. With a cap rate over 15% and a solid financial foundation, this property offers a strong return on investment. Information, including profit and loss statements, will be provided upon signing a Non-Disclosure Agreement (NDA).
Features of 2237 S Olden Ave
| MLS® # | NJME2047846 |
|---|---|
| Price | $1,300,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,624 |
| Acres | 0.33 |
| Year Built | 1965 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 2237 S Olden Ave |
|---|---|
| Area | Hamilton Twp (21103) |
| City | HAMILTON |
| County | MERCER-NJ |
| State | NJ |
| Municipality | HAMILTON TWP |
| Zip Code | 08610 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Convector, Wall Unit |
|---|---|
| Cooling | Ductless/Mini-Split, Wall Unit, Multi Units |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Block |
|---|---|
| Roof | Pitched, Shingle |
| Foundation | Slab |
School Information
| District | HAMILTON TOWNSHIP |
|---|
Additional Information
| Date Listed | August 22nd, 2024 |
|---|---|
| Days on Market | 424 |
| Zoning | COMMERCIAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | ERA Central Realty Group - Bordentown |
|---|---|
| Contact Info | (609) 298-4800 |