45 Freeman Street West Orange, NJ 07052
2,613 Sqft Lot
UPDATED:
Key Details
Property Type Commercial Sale
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Municipality West Orange (WOR)
MLS Listing ID 22600508
Year Built 1951
Annual Tax Amount $11,827
Tax Year 2024
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 27 x 100
Property Sub-Type Multi Family
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
Property Description
New to the market. Well established Tavern with package good liquor license, kitchen, real estate with large residential apartment included. Don't miss your chance to own a beloved neighborhood destination with authentic charm and growth potential. Dillons Tavern has proudly served the West Orange Valley community for more than four decades. Known for its welcoming atmosphere and loyal following, it's become a go-to gathering spot for locals and sports enthusiasts. Everyone is welcome at Dillons. Operating continuously with a proven track record, this turnkey operation offers both immediate cash flow and long-term asset appreciation. It is situated in the Valley Arts District, a 15-block area straddling Orange and West Orange, a vibrant area know 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
Location
State NJ
County Essex
Area None
Building/Complex Name None
Direction GPS to Address
Interior
Interior Features Refrigeration
Heating Radiant
Inclusions Signs, Phone System, License, Inventory, Goodwill, Equipment/Furniture, Business Name, Training by Owner
Exterior
Exterior Feature Display Window, Lighting
Parking Features Off Street, On Street
Roof Type Shingle
Private Pool No
Building
Sewer Public Sewer
Water Well, Public
Structure Type Display Window,Lighting
New Construction No
Others
Senior Community No
Tax ID 22-00028-0000-00005
NEARBY SCHOOL & BUSINESS
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