2 E Passaic Ave new Save Request In-Person Tour Request Virtual Tour
Nutley Twp.,NJ 07110
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $313
MLS Listing ID 3942887
Year Built 1908
Annual Tax Amount $31,015
Tax Year 2024
Property Description
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.
Location
State NJ
County Essex
Zoning B2
Rooms
Basement Bilco-Style Door, Full, Storage
Interior
Heating GasNatur,OilAbIn
Cooling 2 Units, Central Air
Flooring Carpeting, Tile, Vinyl-Linoleum, Wood
Equipment Appliances, Burglar Alarm, Exhaust System, Fire Alarm, Fixtures, Kitchen Area, Security System, Sign - Building
Heat Source GasNatur,OilAbIn
Exterior
Exterior Feature Aluminum,Concrete,Vinyl
Utilities Available Electric, Gas-Natural
Roof Type Flat
Building
Lot Description Corner, Level Lot
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple