111 Highland Lakes Road Vernon Twp., NJ $ 3,750,000
111 Highland Lakes Road
$ 3,750,000
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111 Highland Lakes Road

Vernon Twp., NJ, 07422
$ 3,750,000
Bedrooms-- Baths-- Sq 11,700

Monthly Estimate*

$ 24,924

111 Highland Lakes Road, Vernon Twp., NJ 07422 - Image 1

Commercial Property for sale in Vernon Twp., NJ

for $3,750,000 with 1 half bath. This 11,700 square foot building was built in 1935 on a lot size of 1.26.

Exceptional opportunity to own the Highland General Store, founded in 1938 and operated by the Duponts since 1953, is a well-established business that has proudly served the community for 86 years, this beloved general store has become a cornerstone of the community, offering both a thriving business and valuable real estate.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.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): 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. High Visibility & Traffic: 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.

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Commercial Active

Price

$ 3,750,000

Half Bath

1

Property Type

Commercial

Taxes

$ 16,403

Style

MixedUse

Lot Size

1.26

Year Built

1935

Town/City

Vernon Twp.

County/Region

Sussex

MLS | Web ID

3935861

Features
General
Sewer See Remarks Septic
Construction Brick/Block See Remarks Wood
Heating 3 Units Baseboard - Hotwater Forced Hot Air See Remarks
Cooling 3 Units Built-In See Remarks
Utilities Electric Gas-Propane See Remarks
Possession Immediate
Roof Asphalt Shingle See Remarks
Zoning 4A-Commercial
Garage Spaces 90
Year Built 1935
Township Vernon Twp.
Property Type Mixed Use Store With Apartment MixedUse
Tax Year 2023
Ownership Fee Simple
Location Freestanding Highway Location Residential Area
County Sussex
Status Active
Directions Take RT 515 North 6.5 miles from RT 23 - Right on Highland Lakes Rd - Property is 1.3 miles on Right
Number Of Units Total 3
Tax Annual Amount 16403
Drive Blacktop Crushed Stone Parking Lot-Exclusive See Remarks
Leasable Area 600
Standard Status Active
Tax Assessed Value 656700
Town # 2824
Tax Lot 23
Farm Assessment No
Interior
Flooring Concrete See Remarks Tile
Fuel Type Gas-Propane Owned Oil Tank Above Ground - Outside
Total Stories 2
Half Baths 1
Exterior
Lot Features Backs to Park Land
Water Source Well
Total Parking 90
Exterior Description Brick/Block See Remarks Wood
Building Area Total 11700
Lot Dimensions 1.30 AC
Lot Size Acres 1.26
* Excluded Features
List By
JOHN KURLANDER

Listing Agent

Fairclough Realtors

Broker

Affordability Calculator

$26,291
Per Month
95%
5%
0%
Monthly Principal & Interest
$24,924
Monthly Property Taxes
$1,367
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/25/2024$3,750,000 Listed Price

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111 Highland Lakes Road, Vernon Twp., NJ, 07422 is a Commercial Property for sale at $3,750,000 with 11,700 sqft and a lot size of 1.26. 111 Highland Lakes Road was built in 1935. The property's zip code is 07422 which is in Vernon Twp., NJ