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45 Freeman Street, West Orange, NJ, 07052

$899,999

0

Beds

Bathrooms

0

Building Sqft

0.06

Acres

2,614

Lot Sqft

About 45 Freeman Street

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 & 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

Features of 45 Freeman Street

MLS® #
22600508
Acres
0.06
Type
Commercial Sale
Price
$899,999
Year Built
1951
Sub-Type
Multi Family

Additional Features

Subdivision
None

Exterior

Lot Description
[]

Community Information

Address
45 Freeman Street
Subdivision
None
City
West orange
County
Essex
State
NJ
Zip Code
07052

Listing Information

Agent Name
Anthony Conselice
Agent Office
Arthur Rue Agency

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(718) 987-7900