Nutley Twp., NJ 07110,2 E Passaic Ave
Nutley Twp., NJ 07110,2 E Passaic Ave
Nutley Twp., NJ 07110,2 E Passaic Ave
Nutley Twp., NJ 07110,2 E Passaic Ave
Nutley Twp., NJ 07110,2 E Passaic Ave
Nutley Twp., NJ 07110,2 E Passaic Ave
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Steven Betancurth

Steven Betancurth

Betancurth Real Estate Group | The Real Brokerage

+1(201) 834-7475
$ 2,195,000
Est. payment | /mo

7,000 SqFt


Save
$ 2,195,000
Est. payment | /mo
Save

7,000 SqFt

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 Sub-Type Mixed Use

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

Garden State MLS(GSMLS)
Listed by KELLER WILLIAMS SUBURBAN REALTY
agent
Steven Betancurth

CEO | License ID: 1539846

+1(201) 834-7475 | steven@bregroupnj.com

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2 E Passaic Ave