172 FRANKLIN CORNER RD Lawrence Township, NJ 08648
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJME2065288
Year Built 1950
Available Date 2025-09-18
Annual Tax Amount $6,007
Tax Year 2024
Lot Size 0.450 Acres
Acres 0.45
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
This fully renovated, freestanding 2,450 sq ft building has historically been used for both retail and residential purposes, making it an ideal option for a small business owner, investor, or developer seeking versatility. The main level is ready for a commercial build-out, perfect for retail, office, professional services, or a boutique business looking for visibility and convenience.
For buyers exploring redevelopment, there is a full set of architectural and site plans prepared for a proposed four-unit residential conversion, including one affordable unit. These plans provide a strong starting point for anyone considering a multifamily or mixed-use investment.
A large private parking lot, with the potential for expansion, adds significant value — offering ample parking for customers, tenants, or future residential use. The property's location provides easy access to Route 1, I-295, Princeton, Trenton, and NJ Transit rail stations, making it well-positioned for both business operations and long-term investment.
Whether you're searching for a commercial building for sale in Lawrenceville NJ, a mixed-use property near Princeton, or a redevelopment opportunity in Central New Jersey, this property offers the flexibility to bring your vision to life.
🚆 Transportation Access
Transit/Subway:
Trenton River LINE – 9 min drive (5.8 mi)
Hamilton Avenue River LINE – 10 min drive (6.1 mi)
Cass Street River LINE – 12 min drive (7.9 mi)
Bordentown River LINE – 17 min drive (11.7 mi)
🚆Commuter Rail:
Hamilton (NJ Transit Northeast Corridor Line) – 7 min drive (3.7 mi)
Trenton Transit Center (River LINE & NJ Transit) – 9–10 min drive (5.6–5.8 mi)
Princeton (NJ Transit) – 10 min drive (6.7 mi)
Princeton Junction (NJ Transit) – 10 min drive (6.9 mi)
✈️Trenton-Mercer Airport - 12 min drive (9.2 mi)
Location
State NJ
County Mercer
Area Lawrence Twp (21107)
Zoning AT
Interior
Hot Water 60+ Gallon Tank
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Water Access N
View Street
Street Surface Black Top
Accessibility 2+ Access Exits, Level Entry - Main
Road Frontage Boro/Township
Total Parking Spaces 10
Garage N
Building
Lot Description Backs to Trees, Cleared
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Benjamin Franklin E.S.
Middle Schools Lawrence Intermediate School
High Schools Lawrence H.S.
School District Lawrence Township
Others
Tax ID 07-03901-00011
Ownership Fee Simple
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
Financing Cash,Contract,Conventional
Special Listing Condition Standard
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