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45 Freeman Street, West Orange, NJ 07052
Overview
Description
Supplements: ... (Read more) area straddling Orange and West Orange, a vibrant area known for its walkability and proximity to local amenities, and just two short blocks from the New York Mid-town Direct Train. This Tavern has over 250 new apartments as its neighbor and additional new residential units planned. This area is booming and a perfect opportunity for experienced hands-on operator to dramatically increase business. The current owners are seeking retirement, creating a rare opportunity for the next operator to step into a turnkey business with deep local roots and a growing commercial and residential area ripe for new growth. Key Assets Included: " Prime real estate ownership - valuable property asset included in sale " Active NJ liquor license Bar and package goods - a significant barrier to entry worth substantial value " Fully equipped kitchen - ready for immediate operation " Complete bar setup - no additional equipment investment required " Furniture, Fixture & Equipment (FF&E) Included in sale DETAILED INFORMATION Location - West Orange, New Jersey Inventory - Not Included in asking price Real Estate - Owned Facilities - Bar, backyard and residential apartment
Listing Details MLS# 22600508
Contract Info
- Property Sub-Type
- Multi Family
- Sale
- Yes
- Lease
- No
- New Construction
- No
Location
- House Number
- 45
- Street Name
- Freeman
- Street Suffix
- Street
- County
- Essex
- Municipality
- West Orange (WOR)
- Postal City
- West Orange
- State
- NJ
- Zip Code
- 07052
- Area/Section
- None
- Complex/Subdivision
- None
- Directions
- GPS to Address
- Near Parkway Access
- Yes
- Near Turnpike Access
- Yes
General Property Info
- Handicap Access
- No
- # Levels
- 2
- Apx Year Built
- 1951
- Garage
- No
- Acreage
- 0.06
- Lot Dimensions
- 27 x 100
- Business Name
- Dillons Tavern
- Business Operating
- Yes
- Franchise
- No
- # Car Garage
- 0
Tax and Legal
- Asmnt - Total
- 350000
- Taxes
- 11827
- Tax Year
- 2024
Income & Expenses
- # Rental Units
- Yes
Use
- Apartments
- Yes
- Bar/Tavern/Lounge
- Yes
- Deli/Catering
- Yes
- Ice Cream Shop
- Yes
- Liquor Store
- Yes
- Pizza
- Yes
- Restaurant
- Yes
- Retail
- Yes
More Information
Interior
- Fire Alarm
- Yes
- Refrigeration
- Yes
Zoning
- Commercial
- Yes
- Multi-Family
- Yes
Electric
- 200 - 400 AMP
- Yes
Gas
- At Street
- Yes
Water Heater
- Natural Gas
- Yes
Heating
- Natural Gas
- Yes
- Radiant
- Yes
Water
- Public Water
- Yes
- Well
- Yes
Sewer
- Public Sewer
- Yes
Exterior
- Display Window
- Yes
- Lighting
- Yes
- Personnel Door
- Yes
- Sign
- Yes
Parking
- Off Street
- Yes
- On Street
- Yes
Assessment Status
- Assessed
- Yes
Construction/Siding
- Vinyl
- Yes
Roof
- Shingle
- Yes
Sale Includes
- Business Name
- Yes
- Equipment/Furniture
- Yes
- Goodwill
- Yes
- Inventory
- Yes
- License
- Yes
- Phone System
- Yes
- Signs
- Yes
Sale Excludes
- Training by Owner
- Yes
Property Features
