Listing Details

1 Mill Street,Bernardsville Boro, NJ 07924-2227

  • August 11, 2025

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!

Details

Last Updated On: August 11th, 2025 at 10:03 am
Property ID:PT-770431-AXZR
Offer Type:For Sale
Property Type:Restaurant
Price: 3,990,000 $
Year Built:1849

Additional Details

Listing Details

Status: Active

Location

County: Somerset
Lotsize: .40AC
Lot Description: Corner
Property Type: Restaurant
Lot Identifier: 38

Home Details

Location: Business District
Acreage: 0.40
Sale Includes: Building & Land, Equipment
Construction: Wood
Roof Description: Asphalt Shingle
Number of Stories: 3
Number of Lavatories: 2
Max Ceiling Height: 20
Floors: Concrete, Stone, Wood
Available SqFt: 9909
Building SqFt: 9909
Parking Desc: Off-Street Parking, Parking Lot-Exclusive
Easement/Desc: Unknown
YB/Desc: 1849 - Historical
Block Identifier: 69
County Number: 27
Town Number: 2703
Possession: POT

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Documents Available: Leases
Ownership: Fee Simple
Tax ID For Property: 2703-00069-0000-00038-0000-
Tax Amount: $32,445.00
Tax Year: 2023
Tax Rate: 2.009%
Tax Rate Year: 2023
Land Assessment: $555,000.00
Building Assessment: $1,060,000.00
Total Assessment: $1,615,000.00

Utilities

Equipment Available: Fire Alarm, Fixtures, Kitchen Area, Refrigeration Unit, Restrooms - Private, Security System, Sign - Building, Sprinkler System
Heat Source: Gas-Natural
Heat System: Forced Hot Air
Cool System: 4+ Units, Central Air
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural

Other

Zoning: D-3O

Statistics

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