USANJNutley2 E Passaic Ave
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$2,195,000

For Sale

3 months ago

2 E Passaic Ave, Nutley

House

MLS® 4012963

0 Bed

7 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $31,805
Days Active 101
Lot Size 
Approx. Age 1908
MLS® Number 4012963

Property Address: 2 E Passaic Ave, Nutley, NJ, 07110-3062

Average square foot calculated using Size range provided by listing agent.

Description

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 property features a thriving hospitality business on the ground floor and four income-producing residential apartments above, creating multiple revenue streams and long-term investment potential. The residential apartments are well-maintained. Turn-key, profitable operation with strong potential for added growth.Ownership will consider selling the business independently, subject to executing a mutually acceptable long-term lease for the restaurant/bar premises. The real estate will not be sold separately prior to the sale of the business. Buyers interested solely in the real estate will not be considered unless they acquire the restaurant/bar business simultaneously.
MLS® Number4012963
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1908
BasementBilco-Style Door, Full, Storage
DrivewayBlacktop, Lighting, Parking Lot-Exclusive
Garage Spaces
HeatHeat Source: Gas-Natural, Oil Tank Above Ground - Inside, Heating Type: 2 Units, Baseboard - Hotwater, Radiators - Steam
A/C2 Units, Central Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 6, 2026List Date
$2,195,000List Price
-End Date
Not Sold YetSold Price

For Rent

Jun 15, 2026List Date
$2,050List Price
  • Commute

Commute

Starting Address
Destination Address
2 E Passaic Ave, Nutley,

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