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    2237 Olden Ave Hamilton, NJ 08610

    For Sale
    $1,450,000

    High-Return Gas Station with Service Bays

    Property size:
    1,624 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    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.

    Property Features for 2237 Olden Ave

    General Information

    Property type
    Retail properties
    Square Feet
    1,624 SF
    Lot Size
    14,375 SF

    Building Details

    Year Built
    1965
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.69695
    Latitude
    40.20378

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    FAQs

    What type of property is this?
    Retail property - High-Return Gas Station with Service Bays
    Where is this retail property located?
    The property is located at 2237 Olden Ave Hamilton, NJ.
    What is the asking price?
    The asking price for this property is $1,450,000.
    (609) 298-4800
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    2237 Olden Ave Hamilton, NJ 08610
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    Hamilton, NJ 08610
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2237 Olden Ave Hamilton, NJ 08610
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