Property

Nutley, NJ 07110 2 Passaic Avenue

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Presented By: Frank G. Conturso with Keller Williams Suburban Realty - 973-251-0100
  • MLS# 25002664
  • 02/04/2025
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Home Details

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.
Presented By: Frank G. Conturso with Keller Williams Suburban Realty - 973-251-0100

Interior Features for 2 Passaic Avenue

Other Interior Features

Heating Y/NNo

General for 2 Passaic Avenue

CityNutley
CoolingCentral Air
CountyESSEX
HOANo
HeatingBaseboard, Central, Hot Water, Oil, Radiant Floor, Steam
Lease Considered Y/NNo
MLS Area Minor200
ModificationTimestamp2025-03-08T21:38:30.3+00:00
OwnershipPrivate
Property SubtypeRetail
Property TypeCommercial Sale/Lease
RoomsNone
Standard StatusActive
StatusActive - Active
Tax Annual Amount24614.0
UtilitiesSep Elec, Sep Gas
Waterfront FeaturesNone

Exterior for 2 Passaic Avenue

InclusionsHeat

Additional Details

Price History

Charles Torres

Owner
Price $2,105,000
MLS#25002664
List Date 02/04/2025
Property Type Commercial
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