Bakery and Laundromat Retail
430 10Th Ave Paterson, NJ 07514
430 10Th Ave, Paterson, NJ, 07514
$900,000
For Sale
$900,000
Two ongoing businesses in one commercial building, with leases featuring automatic 5% annual rent increases.
Days on Market41
Property Features for 430 10Th Ave
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 9999
Listing Agency
Nicholas Real Estate
(973) 340-1649
Listed by
LINTON GAINES
Source
Elliman
Added: Jun 7 Checked: Jul 16 at 9:21 am
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 Nicholas Real Estate
Investment Insights
Based on property information with market context.
This commercial building is set up to support two ongoing businesses: a bakery and a laundromat. The property is operated under existing leases, and the rent structure includes an automatic yearly increase of 5% per year. Tenants are responsible for city taxes and sewer.
The property is located at 430 10th Ave in Paterson, New Jersey. Public data indicates a Walk Score of 75 and Bike Score of 50, with a Transit Score of 35.
For buyers seeking a commercial building with multiple tenants and established operations, this setup offers straightforward continuity across the bakery and laundromat use. Because tenants pay city taxes and sewer, operating costs may be more defined at the tenant level, and the lease terms include the built-in annual increase described in the offering remarks.
The property is located at 430 10th Ave in Paterson, New Jersey. Public data indicates a Walk Score of 75 and Bike Score of 50, with a Transit Score of 35.
For buyers seeking a commercial building with multiple tenants and established operations, this setup offers straightforward continuity across the bakery and laundromat use. Because tenants pay city taxes and sewer, operating costs may be more defined at the tenant level, and the lease terms include the built-in annual increase described in the offering remarks.
Key Highlights
- Commercial building with two ongoing businesses: bakery and laundromat
- Leases include automatic 5% annual rent increases
- Rents are stated as good, with tenants paying city taxes and sewer
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Stefany's Laundromat
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Two ongoing businesses in one commercial building, with leases featuring automatic 5% annual rent increases.
Where is this conventional restaurant located?
The property is located at 430 10Th Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Commercial building with two ongoing businesses: bakery and laundromat; Leases include automatic 5% annual rent increases; Rents are stated as good, with tenants paying city taxes and sewer