2 E Passaic Ave, Nutley Twp NJ, 07110

Active

2 E Passaic Ave

Nutley Twp NJ, 07110

$2,195,000

$313.57 per sqft

Active

7,000 sqft

Commercial

Built in 1908

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.

3861216

MLSⓇ ID

April 24, 2024

Updated

Map

2 E Passaic Ave
Nutley Twp NJ, 07110

Interior Features

Total Stories: 3
Interior Features: Carpet, Tile, Vinyl, Wood
Floor Description: Carpet, Tile, Vinyl, Wood
Fireplace: No
Cooling: Yes
Cooling Description: Central Air
Heating: Yes
Heating Description: Forced Air, Oil, Natural Gas

Exterior/Building Features

Lot Features: Corner Lot, Level
Sewer: Public Sewer

Other Property Details

Taxes: $24,614
Tax Frequency: Annually
Days on Market: 182
Garage: No
Parking Total: 20
View: No
County: Essex
Water Source: Public
Pool: No
Zoning: B2

Courtesy of KELLER WILLIAMS SUBURBAN REALTY with FRANK CONTURSO,
Listing Contact: 2012130952

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