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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 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) ✈ï¸Trenton-Mercer Airport - 12 min drive (9.2 mi)
| DAYS ON MARKET | 147 | LAST UPDATED | 9/17/2025 |
|---|---|---|---|
| YEAR BUILT | 1950 | COMMUNITY | Lawrence Twp (21107) |
| COUNTY | MERCER | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | LAWRENCE TOWNSHIP |
|---|---|
| Elementary School | BENJAMIN FRANKLIN E.S. |
| Jr. High School | LAWRENCE INTERMEDIATE SCHOOL |
| High School | LAWRENCE H.S. |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Gas |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Lawrence Twp (21107) |
| CONSTRUCTION | Stone |
| HEAT | Forced Air, Natural Gas |
| LOT | 0.45 acre(s) |
| LOT DESCRIPTION | Cleared |
| PARKING | Private, Paved, Parking Lot |
| SEWER | Public Sewer |
| TAXES | 6007 |
| VIEW | Yes |
| VIEW DESCRIPTION | Street |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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