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.
2 E Passaic Ave, Nutley Twp. NJ 07110-3049
Property City
Nutley Twp.
Property Price
$2,195,000
Year Built
1908
Tax Annual Amount
$31805
TaxYear (*text)
2025
Roof (*text)
Flat
Floors No
Carpeting, Tile, Vinyl-Linoleum, Wood
MLS Status
Active
MLS #
4012963
Yearly Tax Rate
2.699
Year Built (*numeric)
1908
Basement
Yes
Roofing (*text)
Flat
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
2 Units, Central Air
GarageSpaces
20
Heating
2 Units, Baseboard - Hotwater, Radiators - Steam
Lot Size Dimensions
100X177 IRR
Data import from
GSMLS