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Bakery and Laundromat Retail Building

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
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.

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

Suggested Use

Real Estate Agency Parking Lot & Garage Dental Office Law Firm Florist Storage Facility (Bike/Boat/Book/etc) Store Tech Support Center Veterinary Clinic Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
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