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45 Freeman St West Orange, NJ 07052

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For Sale
$1,100,000

Well-established tavern with liquor license, kitchen, and residential apartment.

Lot size:
0.06 Acres

Property Features for 45 Freeman St

General Information

Standard status
Active
Lot size
0.06 Acres

Building Details

Year built
1951

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Listing Contact
Anthony Conselice
Source: Corcoran

Listing Agency: Arthur Rue Agency Listing Agent: Anthony Conselice

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Established Tavern with Residential Apartment

This well-established tavern, complete with a package good liquor license, kitchen, and real estate including a large residential apartment, is now available. The tavern has been a neighborhood destination in the West Orange Valley community for over four decades, known for its welcoming atmosphere. This turnkey operation offers immediate cash flow and long-term asset appreciation. The property is situated in the Valley Arts District, a vibrant area known for its walkability and proximity to local amenities, and located just two blocks from the New York Mid-town Direct Train. Over 250 new apartments are located nearby, with additional new residential units planned. This location presents an opportunity for an experienced operator to increase business. The sale includes prime real estate ownership, an active NJ liquor license for bar and package goods, a fully equipped kitchen, a complete bar setup, and furniture, fixtures, and equipment. The facilities include a bar, backyard, and residential apartment. The location is in West Orange, New Jersey.
Location Intelligence

Current Use by Public Records

Bars & Pubs

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Scotland Arms Liquors, Last Call Mixology, APT 15, Hat City Kitchen, South Valley BBQ and Lounge

Location Insight

  • Map
  • Local Demand
City
West Orange
County
Essex
State
New Jersey
Longitude
-74.2477174
Latitude
40.7678879

FAQs

What type of property is this?
Bar & Pub - Well-established tavern with liquor license, kitchen, and residential apartment.
Where is this bar & pub located?
The property is located at 45 Freeman St West Orange, NJ.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: - Prime real estate ownership included with the sale, representing a valuable and appreciating asset; - Active NJ liquor license (bar and package goods) included, a significant and valuable barrier to entry; - Turnkey operation with immediate cash flow potential and a proven track record of over 40 years
More about this property
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