Opportunity knocks with this mixed-use building offering an iconic, thriving Restaurant/Bar business with a rich history and 4 residential apartments. Established nearly a century ago, The Old Canal Inn is poised to continue propelling forward. Total patron capacity of 186 including the 75 in the dining room. An extensive craft beer list flows through the 30 taps, with a strong customer base which enjoys the outdoor patio, live entertainment, catering, private parties and the in-house regulation shuffleboard table as well as the 22 large screen TVs. The kitchen and restaurant received a total renovation in 2015. AC systems (2022), Boiler (2020). The residential apartments are well-maintained and fully occupied. Turn-key, profitable operation with strong potential for added growth.
3861216
Mixed Use, 3+ Story
Essex
1908
Public
3
Aluminum Siding, Vinyl Siding
Public Sewer
7,000
Sq. Ft.
Cable Available, Natural Gas Available
5 Total
Interior Features
- Flooring
- Tile, Vinyl, Carpet, Wood
- Cooling
- Central Air
- Heating
- Gas Heat, Oil. Forced Air.
- Security
- Security System, Smoke Detector(s)
Exterior / Lot Features
- Parking
- 20 Parking Spaces.
- Exterior
- Vinyl, Aluminum
- Zoning
- B2
- Additional Exterior/Lot Features
- Corner Lot, Level.
Community Features
- Security Features
- Security System, Smoke Detector(s)
- Complex Features
- Security System, Smoke Detector(s)
Financial Considerations
Fee Simple
1616-08604-0000-00001-0000-
$24,614
Arrows indicate 90 day trend
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