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Bernardsville, NJ Conventional Restaurants for Sale

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Newark, NJ Paterson, NJ Trenton, NJ

Historic Olcott Square Landmark Restaurant

$3,990,000

9,909 SF

Historic Olcott Square Landmark Restaurant

1 Mill St, Bernardsville, NJ 7924

Remodeled, multi-floored restaurant property with outdoor dining and parking.

Historic landmark property originally built in 1849, completely remodeled and revitalized.
Turnkey property currently operating as a multi‑floored upscale restaurant with formal and casual dining.
Almost 10,000 square feet of space with an outdoor dining area.
Major multi‑million dollar exterior and interior improvements completed in 2007, with subsequent remodeling in 2016 and 2021.
Generous private parking available.

Updated: Mar 18, 2024

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Bernardsville, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

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Established Restaurant Business For Sale

Established Tex Mex and BBQ restaurant business for sale in Manville.

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Turn-Key Restaurant in Downtown

Korean BBQ restaurant for sale in Morris Plains.

650 SPEEDWELL AVE, Morris Plains, NJ 7950

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Turn-Key Korean BBQ Restaurant

Freestanding restaurant with smokeless BBQ grill system and parking.

650 Speedwell, Morris Plains, NJ 7950

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$1,600,000

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Manville Mixed-Use Corner Property

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Bernardsville, NJ Conventional Restaurants Investment Opportunities Market Analysis

Explore 1 conventional restaurants for sale in Bernardsville, NJ on our real estate platform. These investment opportunities span a total of 9,909 square feet of properties for sale, with an estimated market value of $3,990,000.

Sale prices for conventional restaurants in Bernardsville, NJ start at $3,990,000, averaging $3,990,000, and reaching up to $3,990,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Operating Costs & Financing

Bernardsville property taxes are below the county average by 0.09 percentage points. Average Loan-to-Value is 65.0%.

Effective Property Tax $9.88 per sq ft

Tax Rate 1.97%

Tax Rate vs County Average 0.09 pp below county avg

Avg Loan-to-Value 65.0%

New Listings Trend, 12 Mo

Number of new listings by month over the past year in Bernardsville.

Leading Commercial Asset Segments

Bernardsville Demographics Overview

Population 7,756

Population Growth (5Y) +2.2%

Median Household Income $230,752

College Educated 97.5%

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Bernardsville, NJ Conventional Restaurants for Sale

Historic Olcott Square Landmark Restaurant

Remodeled, multi-floored restaurant property with outdoor dining and parking.