2 East Passaic Avenue Nutley, NJ $ 2,195,000
2 East Passaic Avenue
$ 2,195,000
Share Save

2 East Passaic Avenue

Nutley, NJ, 07110
$ 2,195,000
Baths0.0

Monthly Estimate*

$ 15,333

2 East Passaic Avenue, Nutley, NJ 07110 - Image 1
2 East Passaic Avenue, Nutley, NJ 07110 - Image 2
2 East Passaic Avenue, Nutley, NJ 07110 - Image 3
2 East Passaic Avenue, Nutley, NJ 07110 - Image 4
2 East Passaic Avenue, Nutley, NJ 07110 - Image 5
2 East Passaic Avenue, Nutley, NJ 07110 - Image 6
2 East Passaic Avenue, Nutley, NJ 07110 - Image 7
2 East Passaic Avenue, Nutley, NJ 07110 - Image 8
2 East Passaic Avenue, Nutley, NJ 07110 - Image 9
2 East Passaic Avenue, Nutley, NJ 07110 - Image 10
2 East Passaic Avenue, Nutley, NJ 07110 - Image 11
2 East Passaic Avenue, Nutley, NJ 07110 - Image 12
2 East Passaic Avenue, Nutley, NJ 07110 - Image 13
2 East Passaic Avenue, Nutley, NJ 07110 - Image 14
2 East Passaic Avenue, Nutley, NJ 07110 - Image 15
Studio

Commercial Property for sale in Nutley, NJ

for $2,195,000.

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.

See more

Commercial Active

Price

$ 2,195,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 24,614

Style

Retail

Town/City

Nutley

County/Region

Essex

MLS | Web ID

23026219

Features
Exterior
Waterfront None
Flood Plain None
Substyle Free Std
See more
General
Area 0716
Style Retail
Status ACTIVE
Utilities Sep Elec Sep Gas
Complex Name None
See more
Interior
Heating/Cooling Oil Radiators Steam
See more
* Excluded Features

Affordability Calculator

$17,384
Per Month
88%
12%
0%
Monthly Principal & Interest
$15,333
Monthly Property Taxes
$2,051
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/24/2023$2,195,000 Listed Price

Map


See all

2 East Passaic Avenue, Nutley, NJ, 07110 is a Commercial Property for sale at $2,195,000. 2 East Passaic Avenue is a studio with 0.0 baths. The property's zip code is 07110 which is in Nutley, NJ