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2 E Passaic Ave, Nutley, NJ 07110 (MLS # 3942887)

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PRICE $2,195,000 dsIDX morgage calculator
SIZE 7,000 sqft
LOT SIZE n/a

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.

DAYS ON MARKET 2 LAST UPDATED 1/24/2025
YEAR BUILT 1908 COMMUNITY Nutley
COUNTY Essex STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA Nutley
BASEMENT Full, Yes
CONSTRUCTION Aluminum Siding, Vinyl Siding
HEAT Baseboard, Natural Gas, Oil
LOT DESCRIPTION Corner Lot, Level
SEWER Public Sewer
STORIES 3
TAXES 31015
UTILITIES Natural Gas Available
WATER Public
ZONING B2
MORTGAGE CALCULATOR
   

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Listed with KELLER WILLIAMS SUBURBAN REALTY
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This IDX solution is (c) Diverse Solutions 2025.

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