172 Franklin Corner Road Lawrence Township, NJ $ 888,000
172 Franklin Corner Road
$ 888,000
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172 Franklin Corner Road

Lawrence Township, NJ, 08648
$ 888,000
Bedrooms-- Baths-- Sq 2,450

Monthly Estimate*

$ 5,468

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Commercial Property for sale in Lawrence Township, NJ

for $888,000. This 2,450 square foot building was built in 1950 on a lot size of 0.45.

172 Franklin Corner Road in Lawrenceville, NJ is a rare opportunity for buyers looking for a flexible commercial or mixed-use property in a highly accessible Central New Jersey location. 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 propertys 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 youre 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) 910 min drive (5.65.8 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)

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Commercial Active

Price

$ 888,000

Property Type

Commercial

Taxes

$ 6,007

Style

Lot Size

0.45

Year Built

1950

Town/City

Lawrence Township

County/Region

Mercer

MLS | Web ID

NJME2065288

Features
Interior
Heating Fuel Natural Gas
Hot Water 60+ Gallon Tank
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 2
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General
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession Negotiable
Zoning AT
Construction Materials Stone
Year Built 1950
View Street
Property Subtype Mixed Use
Tax Year 2024
Ownership Fee Simple
Cool Fuel Natural Gas
Municipality LAWRENCE TWP
Business Type Other
Accessibility 2+ Access Exits Level Entry - Main
County MERCER
New Construction N
Property Type Commercial Sale
Possible Use Apartments Barber/Beauty Commercial Clothing Development Distribution Drive-Thru Financial Flex Space Florist/Nursery Investment Institutional Medical/Dental Mixed Use Multi-Family Office Professiona
Water Access Y/N N
Status ACTIVE
Directions Route 1 South to Franklin Corner Rd
City LAWRENCE TOWNSHIP
Number Of Units Total 0
MLS Area Lawrence Twp (21107)
Lot Size Units Square Feet
Lot Size Square Feet 19602.00
Tax Annual Amount 6007.0
Property Condition Excellent
Price Per Sq Ft Total AG 281.73
Acceptable Financing Cash Contract Conventional
Lease Considered Y/N Y
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 00011
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Exterior
Parking Features Handicap Parking Paved Parking Private
Lot Features Backs to Trees Cleared
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 3152.00
Lot Size Acres 0.45
Road Surface Type Black Top
Lot Size Source Estimated
Waterfront Y/N N
Road Responsibility Boro/Township
Land Assessed Value 73900.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 172
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* Excluded Features
List By
Keller Williams Cornerstone Realty

Broker

miachen@kw.com

Email

Affordability Calculator

$5,968
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,468
Monthly Property Taxes
$501
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/11/2025$888,000 Listed Price

Map


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172 Franklin Corner Road, Lawrence Township, NJ, 08648 is a Commercial Property for sale at $888,000 with 2,450 sqft and a lot size of 0.45. 172 Franklin Corner Road was built in 1950. The property's zip code is 08648 which is in Lawrence Township, NJ