Trenton, NJ 08648,1161 LAWRENCE RD
Trenton, NJ 08648,1161 LAWRENCE RD
Trenton, NJ 08648,1161 LAWRENCE RD
Trenton, NJ 08648,1161 LAWRENCE RD
Trenton, NJ 08648,1161 LAWRENCE RD
Trenton, NJ 08648,1161 LAWRENCE RD
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$1,100,000

$1,150,000

4.3%
Est.Price: ?

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Est. payment /mo

5,418 SqFt


SOLD DATE : 09/13/2024

Key Details

Sold Price $1,100,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 5,418 sqft

Price per Sqft $203

MLS Listing ID NJME2032962

Sold Date 09/13/24

Originating Board BRIGHT

Year Built 1959

Annual Tax Amount $18,823

Tax Year 2023

Lot Size 0.370 Acres

Acres 0.37

Lot Dimensions 0.00 x 0.00

Property Description

Location, Location ! Midway between Rider University and Notre Dame High School on Route 206 in Lawrenceville, this well maintained property is ready for new owners. The existing Sub shop is an area institution with 2,100 sf of floor space, expandable with another 600 sf first floor vacant office/retail space. The kitchen features a convection oven with hood, a walk in fridge as well as other kitchen equipment- list available. The property features a 5 space parking lot in the front as well as a large 15 space lot in the rear. The Second floor features a 1 bedroom apartment and a 3 bedroom apartment - both recently renovated. The large full basement has over 2,000 sf of storage space.
All spaces except the 600 sf office/retail space, are leased and occupied on a month to month basis. Property is well suited for an owner/user for the first floor restaurant/retail space who can offset expenses with income from the 2nd floor tenants. Please do not speak to Sub shop employees as this is an on-going business. Kitchen equipment is in an “as is - where is” condition.

Location

State NJ

County Mercer

Area Lawrence Twp (21107)

Zoning NC-1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 20.0

Waterfront N

Water Access N

Accessibility None

Parking Type Parking Lot

Total Parking Spaces 20

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Lawrence Township Public Schools

Others

Tax ID 07-01306-00080

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Gough W Thompson III • BHHS Fox & Roach Hopewell Valley
Bought with Cristina S Lacerda • Lacerda Realtors
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4221 Forbes Blvd, Suite 240, Lanham, MD, 20706, United States

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