45 Freeman St - Bar FOR SALE


West Orange, NJ 07052
$1,100,000 USD
732-245-5421
45 Freeman St, West Orange, NJ for Sale
$1,100,000 USD
Bar - FOR SALE
1/32
null | Request Cap Rate

45 Freeman St
West Orange, NJ 07052


OVERVIEW

Dillons Tavern 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 area straddling Orange and West Orange, a vibrant area known for its walk ability 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

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$697 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Dillons Tavern

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

B-1

APN/PARCEL ID

22-00028-0000-00005

ASK ABOUT THIS PROPERTY

Anthony ConseliceArthur Rue AgencyMore Info
732-245-5421

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Anthony ConseliceArthur Rue AgencyMore Info
732-245-5421

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.