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Restaurant Space with New Equipment
For Sale
$325,000

41 Main, Millburn, NJ 07041

A restaurant-ready space on Main Street includes new restaurant equipment and sits one block from the Millburn NJ Transit Station.

Property SizeContact for details
Days on Market8

Property Features for 41 Main

General Information

Standard status Active
Property subtype Commercial

Additional Details

Equipment Included Yes

Amenities

Baseboard Heating
Central Air Heating
Electric Heating
Listing Agency: PRESTIGE PROPERTY GROUP - MONTCLAIR
Listed By: JOSEPH AZIZ · License #293956
Source: Corcoran
Added: Oct 6 Changed: Oct 10 Last Checked: Oct 12 at 8:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PRESTIGE PROPERTY GROUP - MONTCLAIR

Investment Insights

Based on property information with market context.

At 41 Main, this restaurant property is equipped with new restaurant equipment, offering an established physical starting point for a food-service operation. The asset is identified as Cana Grill and is located on Main Street in downtown Millburn.

The Millburn NJ Transit Station is one block away, with rail service to New York City and regional connections. Restaurants, boutiques, professional services, and local businesses are part of the surrounding downtown district. Taylor Park and the Paper Mill Playhouse are also nearby.

Key Highlights

  • New restaurant equipment in the space
  • One block from the Millburn NJ Transit Station
  • Main Street address in downtown Millburn

Property Analytics

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Current Use

TBOYchic Living Home Decor Store Coffee Mill Roasters Cafe & Coffee Shop

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Restaurant Garden Center Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,358
Businesses Nearby
82k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 37% Shops & Services 35% Dining 23% Beauty & Spa 3%
ShopRite Groceries
30,363 visits/mo 0.4 miles
Dunkin' Donuts Dining
11,796 visits/mo 0.0 miles
Chase Bank Shops & Services
8,142 visits/mo 0.3 miles
Wells Fargo Shops & Services
4,774 visits/mo 0.3 miles
The UPS Store Shops & Services
4,109 visits/mo 0.2 miles

Demographics for 07041, NJ

7,649
Population
2,843
Households
2.7
Avg Household Size
41
Median Age
81%
College-Educated
97%
High-School Grad
1.3 sq mi
ZIP Area
5,884
Density / Sq Mi
$220,923
Median Household Income
$109,375
Median Earnings
$1,969
Median Rent
$935,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - A restaurant-ready space on Main Street includes new restaurant equipment and sits one block from the Millburn NJ Transit Station.
Where is this conventional restaurant located?
The property is located at 41 Main Millburn, NJ.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: New restaurant equipment in the space; One block from the Millburn NJ Transit Station; Main Street address in downtown Millburn
More about this property
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