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1161 LAWRENCE RD Trenton, NJ 08648
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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
Water Access N
Accessibility None
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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Bought with Cristina S Lacerda • Lacerda Realtors