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    Morris Plains, NJ Conventional Restaurants for Sale

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    Morristown, NJ Cedar Knolls, NJ Denville, NJ
    Turn-Key Restaurant in Downtown
    $998,000

    Turn-Key Restaurant in Downtown

    650 SPEEDWELL AVE, Morris Plains, NJ 7950

    Korean BBQ restaurant for sale in Morris Plains.

    • Turn‑key Korean BBQ restaurant with full smokeless grill table system.
    • Prime downtown location across from Morris Plains Train Station with high traffic.
    • Freestanding 2‑story brick building with modern interior.
    • Includes a 70‑seat dining area and a 55‑seat private party room, plus a full basement with commercial kitchen.
    • 55 on‑site parking spaces plus municipal lot.
    Updated: Oct 23, 2025
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    Turn-Key Korean BBQ Restaurant
    $895,000

    Turn-Key Korean BBQ Restaurant

    650 Speedwell, Morris Plains, NJ 7950

    Freestanding restaurant with smokeless BBQ grill system and parking.

    • Turn‑key Korean BBQ restaurant with full smokeless grill table system included.
    • Prime downtown location across from Morris Plains Train Station with high traffic.
    • Freestanding 2‑story brick building with modern interior.
    • 55 on‑site parking spaces plus municipal lot.
    • Fully equipped commercial kitchen in basement with hood system, gas line, walk‑in box, and elevator access.
    Updated: Oct 23, 2025
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Morris Plains, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Mixed-Use Building with Liquor License
    $2,800,000
    20,000 SF

    Mixed-Use Building with Liquor License

    20,000 sq ft mixed-use building with restaurant and offices.

    175 N Main St, Wharton, NJ 07885
    View details
    Caldwell Restaurant Opportunity
    $190,000
    3,254 SF

    Caldwell Restaurant Opportunity

    Equipped restaurant space in Caldwell's vibrant dining scene.

    359 BLOOMFIELD AVE, Caldwell, NJ 7006
    View details
    Mixed-Use Building with Restaurant
    $2,800,000
    20,000 SF

    Mixed-Use Building with Restaurant

    20,000 SF mixed-use building with restaurant and office spaces.

    175 N Main St, Wharton, NJ 7885
    View details
    Korean Fried Chicken Franchise
    $290,000

    Korean Fried Chicken Franchise

    Established franchise opportunity in Caldwell, NJ with growth potential.

    350 Bloomfield, Caldwell, NJ 7006
    View details

    Morris Plains, NJ Conventional Restaurants Investment Opportunities Market Analysis

    Explore 2 conventional restaurants for sale in Morris Plains, NJ on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,893,000.

    Sale prices for conventional restaurants in Morris Plains, NJ start at $895,000, averaging $946,500, and reaching up to $998,000 — 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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    Top Commercial Asset Segments

    Conventional restaurants 2

    Demographics Overview

    Population 22K
    Population Growth (5Y) +12.7%
    Median Household Income $148,469
    College Educated 96.6%

    High-Yield Neighborhoods for Strategic Investment

    Identify Morris Plains submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    07950 $946.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.77%
    Property Tax per SF $29.75 per sq ft
    Tax Rate vs County Average 0.25 pp above county avg
    Average Loan-to-Value 65.0%

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