2 E Passaic Ave | Nutley Twp.

$2,105,000 | 7 Baths (7 Half) | 7,000 Sq. Ft.

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. GSMLS 3942887

Directions to property: E Passaic Ave at the border of Nutley and Bloomfield. Hoover to E. Passaic or Centre to E. Passaic.

MLS Listing ID: 
GSMLS 3942887
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1908
Living Area: 
7,000
Basement: 
Bilco-Style Door, Full, Storage
Construction
Construction Materials: 
Brick/Block
Roof: 
Flat
Exterior: 
Concrete, Vinyl Siding
Energy Information: 
Electric, Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
7
Total Half-Bathrooms: 
7
Utilities
Information about utilities available on the property.
Heating System: 
1 Unit, Baseboard - Hotwater, Radiators - Steam
Heating System Fuel: 
Gas-Natural
Cooling System: 
2 Units, Central Air
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Lot Size (Dimensions): 
100X177 IRR
Waterfront: 
0
Lot Features
Driveway: 
Blacktop, Lighting, Parking Lot-Exclusive
Parking Type: 
Blacktop, Lighting, Parking Lot-Exclusive
Public Record
Parcel Number: 
1616-08604-0000-00001-0000-
Lot Number: 
1
Annual Tax: 
$31,015.00
Property Zoning: 
B2
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
1/24/2025
Contract Details
Details about the listing contract.
Inclusions: 
Building & Business, Building & Land, Equipment, See Remarks
Possession: 
TBD
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
KELLER WILLIAMS SUBURBAN REALTY