101 Route 70, Lakehurst, NJ 08733 (MLS# 22201730)


$1,200,000
101 Route 70
Lakehurst, NJ 08733
MLS# 22201730
Status: Closed
1860 sqft


101 Route 70, Lakehurst, NJ 08733
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101 Route 70, Lakehurst, NJ 08733 101 Route 70, Lakehurst, NJ 08733 101 Route 70, Lakehurst, NJ 08733 101 Route 70, Lakehurst, NJ 08733 101 Route 70, Lakehurst, NJ 08733 101 Route 70, Lakehurst, NJ 08733 101 Route 70, Lakehurst, NJ 08733 101 Route 70, Lakehurst, NJ 08733 101 Route 70, Lakehurst, NJ 08733 101 Route 70, Lakehurst, NJ 08733 101 Route 70, Lakehurst, NJ 08733 101 Route 70, Lakehurst, NJ 08733 101 Route 70, Lakehurst, NJ 08733 101 Route 70, Lakehurst, NJ 08733 101 Route 70, Lakehurst, NJ 08733 101 Route 70, Lakehurst, NJ 08733

Property Description
Calling all Investors! Rare Opportunity to own this dynamite location on the border of Lakehurst and Toms River. This Gulf Station sits on 0.838 Acres and currently Grosses $132,000. Three Fiberglass Double-walled Tanks installed in 2010 (Owner also carries Tank Insurance). 1st Tank: 15,000 Gallons of Regular, 2nd Tank: 8,000 Gallons of Super, 3rd Tank: 8,000 Gallons of Diesel. Yearly Cap Rate is 7.2%. Building has 3 Garage Bays which is currently rented. Owner also does Propane Sales, U-Haul, and Truck Storage. There is also an opportunity to generate more income if you took advantage of the Tobacco License which is currently not being utilized. Seller is also open to Land Lease for the right opportunity

Details
Maps
Contract Info
Status: Closed
List Date: 2022-01-21
Property Sub-Type: Commercial
Sale: Yes
Lease: No
Sold Price: $840,000
Current Price: $840,000
List Price/SqFt: 645.16
Location
House Number: 101
Street Name: Route 70
County: Ocean
Municipality: Lakehurst (LKH)
Postal City: Lakehurst
State: NJ
Zip Code: 08733
Area/Section: Lakehurst
Directions: Route 37 to Route 70. Corner of Route 70 and Center Street (Gulf Station)
General Property Info
# Levels: 1
Apx SqFt: 1860
Garage: Yes
# Car Garage: 3
Acreage: 0.84
Lot Dimensions: 149 x 245
Business Name: Gulf Station
Tax and Legal
Taxes: 12024
Tax Year: 2021
Status Change Info
Under Contract Date: 2022-03-07
Sold Date: 2023-06-21
Sold Price: $840,000
Property Features
Location: Business District; Comm Distr; Near Busstop; Business District; Comm Distr; Near Busstop
Use: Service Station; Other
Interior: Auto Bay
Floors: Concrete
Basement: Slab
Cooling: Central Air; Window Unit(s)
Heating: Natural Gas
Water Heater: Natural Gas
Water: Well
Sewer: Septic
Gas: On Site
Electric: 220 Volt
Exterior: Display Window; Gas Pump(s); Lighting; Outside Storage; Overhead Doors; Personnel Door; Sign
Parking: On Site; Open; Paved
Roof: Flat; Shingled
Material: Block; Brick; Concrete
Sale Includes: Business Name; Inventory; License; Signs
Sale Excludes: Equipment/Furniture
Zoning: Commercial
Lot Description: Corner Lot; Highway Frontage; Level; Major Frntg
Landlord Pays: Electricity; Taxes
Assessment Status: To Be Assessed
Documents Available: Survey

Listing Office: RE/MAX Revolution

Listing Agent: Abram Covella

Last Updated: February - 08 - 2025

101 Route 70, Lakehurst, NJ 08733 - MLS# 22201730

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