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$ 3,990,000
Est. payment | /mo
9,909 SqFt
$ 3,990,000
Est. payment | /mo
9,909 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,909 sqft
Price per Sqft $402
MLS Listing ID 3888958
Year Built 1849
Annual Tax Amount $32,445
Tax Year 2023
Lot Size 0.400 Acres
Property Description
A Historic Olcott Square Landmark, 1 MILL STREET, remodeled & revitalized, has stood the test of time. Originally built in 1849 as The Old Stone Hotel, this iconic stone treasure has hosted generations of patrons, providing lodging, food, libations, and entertainment. At least a dozen operators have occupied the stone and wood three story building in downtown Bernardsville since its inception 175 years ago with major multi-million dollar exterior and interior improvements in 2007 that included the repointing of the stone walls and a top to bottom interior redo. Subsequent remodeling was conducted in 2016 and 2021. The current lessee operates a multi-floored upscale restaurant offering formal and casual dining. With almost 10,000 square feet of space with outdoor dining area, this turnkey property includes generous private parking and is near public parking spaces and the Quimby Lane Redevelopment Plan District!
Location
State NJ
County Somerset
Zoning D-3O
Interior
Heating Gas-Natural
Cooling 4+ Units, Central Air
Flooring Concrete, Stone, Wood
Equipment Fire Alarm, Fixtures, Kitchen Area, Refrigeration Unit, Restrooms - Private, Security System, Sign - Building, Sprinkler System
Heat Source Gas-Natural
Exterior
Exterior Feature See Remarks
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Corner
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by TURPIN REAL ESTATE, INC.