2237 Olden AveHamilton Township, NJ 08610

Property Details for 2237 Olden Ave

Year built

1965

Construction

CONCRETE BLOCKS

Lot size

0.33 AC

Property size (Sq ft)

1,624 SF

Property type

Commercial real estate

APN

03 02442-0000-00006

APU

302442000000006

Description

This exceptional Hamilton Township retail property presents a lucrative investment opportunity. Located on a prominent 0.33-acre corner lot at 2237 S Olden Avenue, this Shell-branded gas station boasts eight pumps and three service bays equipped with two rotary lifts and an alignment lift, generating significant additional revenue streams. The 1,624 square foot building underwent a complete remodel in 2008, and the pumps were recently refurbished in 2024, ensuring modern and reliable operation. The current ownership, established since 1986 (initially as a leaseholder, then owner since 2011), has cultivated a strong presence in the community. The sale includes both the thriving business and the real estate, offering the buyer complete control and flexibility to manage future lease arrangements. Financial performance data, including detailed profit and loss statements, is available upon execution of a Non-Disclosure Agreement (NDA). This turnkey operation offers a compelling investment with a cap rate exceeding 12%, promising a substantial return on investment. The property's prime location and well-maintained infrastructure contribute to its strong financial performance and long-term potential. This is a rare opportunity to acquire a profitable, established business with significant upside.

• Alternative Use

  Use

  Valuation

  Residential

  $334,119

  Hospitality

  $306,051

  Educational

  $254,631

  Medical

  $263,388

  Retail

  $396,092

Location Insight

City

Hamilton

County

Mercer

State

New Jersey

Latitude

40.2038

Longitude

-74.6969

CBSA code

45940

CBSA name

TRENTON-EWING, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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