2 E Passaic Ave, Nutley, NJ 07110 (MLS # 3861216)

Price $2,195,000
Status Active
Size 7,000 sqft
Lot Size n/a
Days on Market 250
Opportunity knocks with this mixed-use building offering an iconic, thriving Restaurant/Bar business with a rich history and 4 residential apartments. Established nearly a century ago, The Old Canal Inn is poised to continue propelling forward. Total patron capacity of 186 including the 75 in the dining room. An extensive craft beer list flows through the 30 taps, with a strong customer base which enjoys the outdoor patio, live entertainment, catering, private parties and the in-house regulation shuffleboard table as well as the 22 large screen TVs. The kitchen and restaurant received a total renovation in 2015. AC systems (2022), Boiler (2020). The residential apartments are well-maintained and fully occupied. Turn-key, profitable operation with strong potential for added growth.
Property Type(s): Commercial
Last Updated 12/1/2023 Year Built 1908
Community Nutley County Essex

Additional Details

AIR Central Air
AIR CONDITIONING Yes
AREA Nutley
BASEMENT Yes
CONSTRUCTION Aluminum Siding, Vinyl Siding
HEAT Forced Air, Natural Gas, Oil
LOT DESCRIPTION Corner Lot, Level
SEWER Public Sewer
STORIES 3
TAXES 24614
UTILITIES Cable Available, Natural Gas Available
WATER Public
ZONING B2
 

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Listed with KELLER WILLIAMS SUBURBAN REALTY
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