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$2,195,000 - 2 E Passaic Ave, Nutley Twp.

-
Bedrooms
-
Baths
7,000
SQ. Feet
1908
Year Built

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.

Essential Information

  • 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

Exterior

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

Additional Information

  • Date Listed:
    August 23rd, 2023
  • Days on Market:
    256
  • Zoning:
    B2

Listing Details

  • Listing Office:
    Keller Williams Suburban Realty

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Listing information last updated on May 6th, 2024 at 2:48am EDT.