Bought with Abram Covella • RE/MAX Revolution
$700,000
$650,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
844 COLUMBUS RD Burlington, NJ 08016
0.59 Acres Lot
Key Details
Sold Price $700,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NJBL2086192
Sold Date 05/28/26
Year Built 1955
Annual Tax Amount $9,699
Tax Year 2024
Lot Size 0.589 Acres
Acres 0.59
Lot Dimensions 124.00 x 207.00
Property Sub-Type Other
Source BRIGHT
Property Description
Take advantage of this rare opportunity to own a high-visibility, income-generating commercial property on a major corridor in Burlington County. Located at 844 Columbus Rd, this well-established Valero gas station offers a strategic location with strong traffic counts & excellent frontage along a key thoroughfare. This turnkey operation features multiple fuel pumps under a large canopy & an on-site automotive repair garage, creating dual income streams from both fuel sales & mechanical services. The garage is currently leased by a separate tenant, providing the property owner with consistent rental income and long-term stability. A new 3-year lease was signed in August, with rental income set at $2,300/month for the first year, $2,500/month for the 2nd year, and increasing by 3% in the the 3rd year. Don't miss this incredible opportunity!
Location
State NJ
County Burlington
Area Burlington City (20305)
Zoning TRN
Interior
Hot Water Natural Gas
Heating Other
Cooling Other
Flooring Concrete
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Water Access N
Roof Type Flat
Accessibility No Stairs
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Burlington City Schools
Others
Tax ID 05-00214-00014
Ownership Fee Simple
Special Listing Condition Standard
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