Active
Active - Active
2 Passaic Avenue
Nutley NJ, 07110
$2,195,000
Active
Active - Active
Commercial
Listed by Frank G. Conturso with Keller Williams Suburban Realty 2012130952
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.
25002664
MLSⓇ ID
February 4, 2025
Listed
February 20, 2025
Updated
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Baseboard, Central, Hot Water, Oil, Radiant Floor, Steam
Exterior/Building Features
Other Property Details
Taxes
$24,614
Tax Frequency
Annually
Garage
No
View
No
County
ESSEX
Pool
No
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 2/20/2025
Source: New Jersey Multiple Listing Service, Inc.
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