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 |
|---|---|
| Price | $899,999 |
| Bathrooms | 0.00 |
| Acres | 0.06 |
| Year Built | 1951 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Style | Retail, Liquor Store, Apartments, Bar/Tavern/Lounge, Deli/Catering, Pizza, Restaurant, Ice Cream Sho |
| Status | Active |
Community Information
| Address | 45 Freeman Street |
|---|---|
| Area | West Orange (WOR) |
| City | West Orange |
| County | Essex |
| State | NJ |
| Zip Code | 07052 |
Amenities
| Parking | Off Street, On Street |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Fire Alarm, Refrigeration |
|---|---|
| Heating | Radiant |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Display Window, Lighting, Personnel Door, Sign |
|---|---|
| Roof | Shingle |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Agent | Anthony Conselice |
|---|---|
| Office | Arthur Rue Agency |
