2 E Passaic Ave, Nutley Twp., NJ

$2,195,000

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7,000

Square feet

About 2 E Passaic Ave

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.

Features of 2 E Passaic Ave

MLS® # 3861216
Price $2,195,000
Square Footage 7,000
Acres 0.00
Year Built 1908
Type Commercial
Status Active

Community Information

Address 2 E Passaic Ave
City Nutley Twp.
County Essex
State NJ
Zip Code 07110-3049

Amenities

Utilities Electric, Gas-Natural
Parking Spaces 20
Parking Blacktop, Lighting, Parking Lot-Exclusive

Interior

Heating Gas-Natural, Oil Tank Above Ground - Inside
# of Stories 3
Has Basement Yes
Basement Bilco-Style Door, Full, Storage

Exterior

Exterior Aluminum Siding, Vinyl Siding
Lot Description Corner, Level Lot
Roof Flat

Additional Information

Date Listed August 23rd, 2023
Days on Market 241
Zoning B2

Listing Details

OfficeKELLER WILLIAMS SUBURBAN REALTY
Contact Info201-213-0952

Listing Map

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