1009 ROUTE 206 Bordentown, NJ 08505
11,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 11,000 sqft
Price per Sqft $481
MLS Listing ID NJBL2086142
Originating Board BRIGHT
Year Built 1998
Annual Tax Amount $71,000
Tax Year 2024
Lot Size 1,000 Sqft
Acres 0.02
Property Sub-Type Five Or More Units
Property Description
Asking Price: $5,300,000
Units: 57
Building size: 11,000 SF
Lot size: 1.2 acres
Year Built:1998
Zoning: C - Commercial
2024 Tax Assessment: $2,100,000
Property overview: Positioned along the high-visibility corridor of Route 130 and Route 206, and in close proximity to NJ Turnpike. This two-story 57 room hotel offers strong investor/owner opportunity with value-focused lodging option near BAPS Akshardham NJ.
Features:
Guest rooms with microwave, fridge, Smart TV.
Free Wi-Fi, vending machines, 24 hour front desk
Ample parking
Investment Highlights:
Room rates from $99 - $149/ night support multiple market segments
Value range: $4.3M - $5.3M based on comps and ADR potential
Prime commercial frontage ideal for repositioning strong operating fundamentals with flexibility for budget or transitional models.
Location
State NJ
County Burlington
Area Bordentown Twp (20304)
Zoning 4A COMMERCIAL
Interior
Hot Water 60+ Gallon Tank
Heating Wall Unit
Cooling Attic Fan, Window Unit(s)
Flooring Carpet, Concrete, Vinyl
Heat Source Electric
Exterior
Garage Spaces 60.0
Utilities Available Cable TV, Cable TV Available, Electric Available, Phone Connected, Phone, Sewer Available, Water Available, Under Ground
Water Access N
Roof Type Architectural Shingle
Accessibility 2+ Access Exits, 36\"+ wide Halls, Doors - Swing In, Elevator, Level Entry - Main, Roll-in Shower
Total Parking Spaces 60
Garage N
Building
Foundation Block, Concrete Perimeter
Sewer No Septic Approved
Water Public
New Construction N
Schools
School District Bordentown Regional School District
Others
Tax ID 04-00115-00002
Ownership Fee Simple
SqFt Source Estimated
Security Features Carbon Monoxide Detector(s),Desk in Lobby,Electric Alarm,Exterior Cameras,Fire Detection System,Intercom,Smoke Detector,Sprinkler System - Indoor,Surveillance Sys
Acceptable Financing Assumption, Cash, Conventional
Listing Terms Assumption, Cash, Conventional
Financing Assumption,Cash,Conventional
Special Listing Condition Standard
