1009 Route 206

Highlights:

• Days on Market: 83
• Heating: Wall Unit

Description:

1009 US Route 206, Bordentown , New Jersey 08505, United States
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.

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Listing ID: 803814133054