2237 S OLDEN AVE Active Save Request In-Person Tour Request Virtual Tour
Hamilton,NJ 08610
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,624 sqft
Price per Sqft $892
MLS Listing ID NJME2047846
Originating Board BRIGHT
Year Built 1965
Annual Tax Amount $17,066
Tax Year 2023
Lot Size 0.327 Acres
Acres 0.33
Lot Dimensions 104.00 x 137.00
Property Description
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 12% 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).
Location
State NJ
County Mercer
Area Hamilton Twp (21103)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Convector,Wall Unit
Cooling Ductless/Mini-Split,Wall Unit,Multi Units
Flooring Concrete
Heat Source Electric,Natural Gas
Exterior
Garage Spaces 14.0
Waterfront N
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Total Parking Spaces 14
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Hamilton Township
Others
Tax ID 03-02442-00006
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard