111 Highland Lakes Rd - Retail FOR SALE


Highland Lakes, NJ 07422
$3,750,000 USD
973-726-7800
111 Highland Lakes Rd, Highland Lakes, NJ for Sale
$3,750,000 USD
Retail - FOR SALE
1/36
null | Request Cap Rate

Jun '25


111 Highland Lakes Rd
Highland Lakes, NJ 07422


HIGHLIGHTS

  • Multiple income streams from primary businesses: "D" distribution liquor license, grocery, hardware, lottery tickets, merchandise
  • Located at the entrance of Highland Lakes affording completive advantages based on it's location at "the top of the mountain"
  • 2 apartments perfect for owner/user - 3 bedroom 2 bath unit and a 2 bedroom 1 bath unit

OVERVIEW

Discover an exceptional opportunity to own a piece of local history with the Highland General Store, founded in 1938 and operate by the Dupont family since 1953, is a well-established business that has proudly served the community for 86 years. Situated on the border of picturesque Highland Lakes area, this beloved general store has become a cornerstone of the community, offering both a thriving business and valuable real estate. Property Highlights: • Rich History: In continuous operation for over seven decades, the Highland General Store has been a trusted destination for Year Round residents and Summer visitors alike. Its longstanding reputation for quality service and community focus is unmatched. • Prime Location: Ideally positioned on the border of the scenic Highland Lakes community, the store serves as a central hub for year-round residents, vacationers, and outdoor enthusiasts. • Turnkey Business: Fully equipped and operational, the store offers a wide range of products, including groceries, hardware, beer, wine and spirits, household essentials, and locally sourced goods. Additional profit centers include garden supplies, a deli section, and lottery sales. With a loyal customer base and consistent foot traffic, the business is primed for continued success. • Distribution Liquor License (44): This license offers a significant competitive advantage in the constrained Liquor License market in Vernon Township. A distribution license permits the sale of alcoholic beverages for off-premise consumption without any quota restrictions or limits to the quantity of beer, wine, and spirits that can be sold. • Expansion Potential: The property offers opportunities to grow the business further by expanding product lines, adding outdoor equipment, or offering new services such as a café or delivery. • Spacious Retail Space: The interior provides ample room for product displays and customer flow, creating a welcoming environment. • High Visibility & Traffic: Located in a high-traffic area frequented by locals and travelers alike, the store benefits from its proximity to recreational activities such as skiing at the nearby Mountain Creek Resort, in close proximity to 7 highly rated popular golf course, along with hiking, fishing, and lakeside leisure. • Established Brand: As a business with 71 years of history, the Highland General Store is a well-known and trusted name, providing a strong foundation for any new owner.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$469 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

C-1

APN/PARCEL ID

22 00491-0000-00023

ASK ABOUT THIS PROPERTY

John KurlanderFairclough RealtorsMore Info
973-726-7800

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John KurlanderFairclough RealtorsMore Info
973-726-7800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.