2237 Olden AveHamilton Township, NJ 08610

For Sale
$1,450,000

High-Return NJ Gas Station, Shell Branded

Overview

Added:
Dec 11, 2024
Days on market:
93
This Hamilton Township, NJ, Shell-branded gas station presents a compelling investment opportunity. The property includes the real estate and the established business, offering a flexible approach to future operations. Boasting eight pumps and three service bays equipped with two rotary lifts and an alignment lift, this station maximizes revenue streams. The 2008 renovation and 2024 pump refurbishment ensure modern, reliable equipment. Three 12,000-gallon fuel tanks support operations, complemented by a reception/waiting area, service bays, office, storage, and bathroom. A 10-year Shell branding agreement provides long-term brand recognition and stability. The property sits on a corner lot in Mercer County, at 2237 S Olden Ave, 08610, offering excellent visibility and accessibility. The asking price is $1,450,000, with a strong NOI of $177,424 and a compelling 12.24% cap rate. Detailed financial information, including profit and loss statements, is available upon request after signing a Non-Disclosure Agreement. This turnkey operation offers a significant return on investment and the potential for continued growth.

Highlights

  • Shell-branded gas station with attached service bays; asking price $1,450,000, 12.24% cap rate, $177,424 NOI.
  • Includes real estate and business.
  • Features three service bays equipped with two rotary lifts and one alignment lift, reception area, office, storage, and bathroom.
  • Three 12,000-gallon fuel tanks.
  • Ten-year Shell branding agreement; pumps rebuilt in 2024.
  • Located at 2237 S Olden Ave, Hamilton Township, NJ 08610.

Property Details for 2237 Olden Ave

Property type
Other retail properties, Automotive properties
Year Renovated
2008
Buildings
1
Stories
1

Location Insight

City
Hamilton Township
County
Mercer
State
New Jersey
Latitude
40.204060452479
Longitude
-74.696847735775
2237 Olden Ave, Hamilton Township, New Jersey

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2237 Olden Ave
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