2237 S Olden Ave, Hamilton, NJ 08610
- Commercial real estate
- 1,624 SF
- 0.33 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2237 S Olden Ave
- Year built
- 1965
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.33 lot acres
- Property type
- Commercial real estate
- APN
- 03 02442-0000-00006
- APU
- 302442000000006
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 22, 2011 | $348,180 | South Olden LLC | Motiva Ents LLC | Grant Deed | — |
| — | — | 2231 South Olden LLC | — | Deed Of Trust · related | $373k · Bank Of Princeton |
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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Hamilton
- County
- Mercer
- State
- New Jersey
- Longitude
- -74.6969
- Latitude
- 40.2038
- CBSA code
- 45940
- CBSA name
- TRENTON-EWING, NJ METROPOLITAN STATISTICAL AREA
