Bordentown, NJ 08505
- Investment properties
Current Use by Public Records
- Investment properties
Property Details
- Year built
- 1970
- Property type
- Investment properties
Description
This exceptional business opportunity presents a well-established BP gas station situated at 231 NJ Route 206 in Bordentown, New Jersey, 08505. The property features eight fuel pumps, offering gasoline and diesel fuel options. A propane cage was previously on-site, although the propane tank has since been removed. The accompanying convenience store is currently closed, presenting a significant opportunity for expansion and increased revenue. The gas station enjoys a prime location with an estimated 50,000 vehicles passing daily, ensuring high visibility and substantial customer traffic. Currently operating from 7:00 AM to 8:00 PM, the business has significant potential for growth by extending operating hours, reopening the convenience store, and adding services such as a smoke shop or propane sales. The sale includes approximately $10,000 worth of existing inventory, along with the first and last month's deposit for the lease, totaling $8,800. This is an absentee-owned business, offering flexibility for the new owner. The asking price for this turnkey operation is $100,000. This presents a rare chance to acquire a profitable business in a high-traffic location with considerable upside potential. The property itself is not included in the sale
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bordentown
- County
- BURLINGTON
- State
- New Jersey
- Longitude
- -74.7206
- Latitude
- 40.1306
