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Established Car Dealership For Sale
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290 Pennsylvania Ave, Paterson, NJ

Turn-key car dealership generating $10-12 million gross revenue annually.

Property Size6,000 SF
Lot Size0.48 Acres
Days on Market714

Property Features for 290 Pennsylvania Ave

General Information

Standard status Active
Size 6,000 SF
Lot size 0.48 Acres
Property subtype RETAIL
Listing Agency: The Blau & Berg Company
Listed By: Juan Disla · License #0342515
Source: Moodyscre
Added: Sep 10, 2024 Changed: Aug 23 Last Checked: Aug 24 at 12:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Blau & Berg Company

Investment Insights

Based on property information with market context.

This established car dealership, in business for over 15 years, is available for sale. The turn-key operation has generated approximately $10 to $12 million in gross revenue between 2020 and 2023. The sale includes an inventory of approximately 110 cars and trucks. The property features a repair shop of approximately 6,000 square feet with a 20-foot ceiling. There is also approximately 2,000 square feet of office space, including two kitchens and three bathrooms. Additional features include a showroom, photo booth, and private office. The lot size is approximately 10.5 acres, encompassing Block 7101, Lots 6 & 7, and Block 7117, Lot 3. Note that only the business is for sale; the property itself is not included in the sale.

Key Highlights

  • Generating $10 - $12 Million in Gross Revenue (2020‑2023)
  • Includes ±110 Cars / Truck Inventory
  • Established Dealership 15+ Years in Business

Property Analytics

Current Use

Silk Auto Mall Car Dealership

Suggested Use

Top Pick Parking Lot & Garage Acupuncture Veterinary Clinic Skin Care Clinic Pet Grooming Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,858
Businesses Nearby
96k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 40% Shops & Services 40% Groceries 19%
McDonald's Dining
31,454 visits/mo 0.4 miles
SuperFresh Groceries
18,721 visits/mo 0.2 miles
Chase Bank Shops & Services
11,248 visits/mo 0.4 miles
Wells Fargo Shops & Services
9,529 visits/mo 0.4 miles
AutoZone Shops & Services
7,842 visits/mo 0.2 miles

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Auto shop - Turn-key car dealership generating $10-12 million gross revenue annually.
Where is this auto shop located?
The property is located at 290 Pennsylvania Ave Paterson, NJ.
What are key features of this property?
This property features: Generating $10 - $12 Million in Gross Revenue (2020‑2023); Includes ±110 Cars / Truck Inventory; Established Dealership 15+ Years in Business
(201) 279-8442 Call to check price and availability
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