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About This Home

This 0-bedroom, 0-bathroom commercial at 45 Freeman Street in West Orange, NJ is listed for $899,999. Built in 1951, on a 0.06 acres lot.

Agent Description

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 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 & Equ

ipment (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

Key Features

  • Built in 1951
  • 0.06 acre lot
  • 2 stories

Property Details

2 stories
1951

Monthly Cost Estimate

$4,813/mo

20% down · 6.5% · 30 years

Principal$651
Interest$3,900
Insurance$262

Estimates only. Actual payments may vary.

Location

45 Freeman Street

West Orange, NJ 07052

Features & Amenities

Interior Features

Refrigeration

Exterior Features

Display WindowLighting

Property Details

Parking

On StreetOff Street

Heating

Radiant

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 45 Freeman Street is listed at $899,999. The estimated monthly payment is $3,900 based on 20% down at 6.5% interest.

Key features include: Built in 1951, 0.06 acre lot, 2 stories. Interior Features: Refrigeration. Exterior Features: Display Window, Lighting.

This property is listed by Anthony Conselice and can be reached at 7327930473 or aconselice@arthurrue.com.

AC

Anthony Conselice

Agent at Arthur Rue Agency

(732) 793-0473

Listed by Arthur Rue Agency

MLS# 22600508· Source: listhub· Updated 145 days ago

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45 Freeman Street, West Orange, NJ 07052

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