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Laundromat for Sale! -Business and Building 121 S Pavilion Ave 3,400 SF 100% Leased Retail Building Riverside, NJ 08075 $789,000 ($232.06/SF)



Investment Highlights
- Laundromat For Sale
- New hot water heaters, hvac and roof!
- Business and Building For Sale
Executive Summary
Laundromat and Building for Sale!!- Incredible investment opportunity- This 3700 sq/ft. multi-purpose property is investors dream with a thriving laundromat with 2 established apartments above. The laundromat features high energy efficient washers and dryers. 17 total washers and 26 dryers along with 2 change machines and variety of 7 vending machines. Laundromat includes handicap accessible bathroom, storage room, security system, tv's, fire alarm system, folding stations and basement office. Extremely well designed with access to the back of all the laundry machines and concrete supports in basement to support the multiple washer/ dryers. All 3 units have seperate utilities and both apartments above the street side laundromat have excellent tenants, separate entrance. Apartment 1 includes 1 bedrooms and 1 full bath along with kitchenette and baseboard heat. Apartment 2 features 3 bedrooms, large living room, central air and new flooring and carpet. Purchase with confidence as this property has newer roof in 2022, new hot water heaters and furnace and is ideally located in downtown riverside, close to the municipal building and post office. Many strong local businesses neighbor this complex including dentists, restaurants, and accountants. Don't miss this aggressively priced opportunity.
Contact listing agent for all showings and supporting documents.
Contact listing agent for all showings and supporting documents.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,400 SF
Building Class
C
Year Built
1965
Price
$789,000
Price Per SF
$232.06
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.95
Lot Size
0.04 AC
Zoning
CD
Frontage
22’ on Pavilion Ave
Amenities
- Security System
- Signage
- Accent Lighting
- Storage Space
- Air Conditioning
Walk Score®
Very Walkable (73)
Property Taxes
| Parcel Number | 30-00905-0000-00029 | Improvements Assessment | $135,800 |
| Land Assessment | $32,300 | Total Assessment | $168,100 |
Property Taxes
Parcel Number
30-00905-0000-00029
Land Assessment
$32,300
Improvements Assessment
$135,800
Total Assessment
$168,100
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Laundromat for Sale! -Business and Building | 121 S Pavilion Ave
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