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    Metal Butler Style Warehouse Title is generated by Realmo AI

    23 Lawrence Square Boulevard N, Lawrence Twp, NJ 08648

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    For Sale
    $849,000

    Metal warehouse on over one acre with two overhead doors, office, bathroom, and parking for flexible commercial use.

    Type:Retail
    Property size:
    2,000 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $424/SF
    Added:
    May 11, 2026
    Days on Market:
    36
    Last Refresh:
    Jun 15 at 1:44 am

    Property Features for 23 Lawrence Square Boulevard N

    General Information

    Standard status
    Active
    Size
    2,000 SF
    Lot size
    1.00 Acre
    Property subtype
    Retail

    Building Details

    Year Built
    1998

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    Listing Contact
    Julia Samouilova

    Listing agent Julia Samouilova License #1435581

    Listing office RealtyMark Properties

    Listing date May 11, 2026

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RealtyMark Properties

    HighLights

    • Metal Butler‑style commercial building on over one acre with 12' high ceiling and open space
    • Includes two overhead doors, plus one office and a bathroom
    • Concrete floor and metal roof, with macadam parking lot
    • Zoned NC‑2 for commercial uses; utilities available at the site include water, sewer, electric, and natural gas
    • Site is set up for continued growth with preliminary plans drawn for a 10,000 SF commercial building
    • Located in Lawrence Township near Quaker Bridge Mall, I‑95, and Rt 1

    Overview

    This property is a metal Butler Style warehouse building set on over one acre of land. The existing space includes open warehouse area with one office and a bathroom, supported by a concrete floor and approximately 12’ ceiling height. The building also features two overhead doors, and the site includes a macadam parking lot for on-site access. Utilities are available at the site, including water, sewer, electric, and natural gas.

    The property is located on a major commercial corridor with high-traffic characteristics, along with strong accessibility and road frontage that support customer and delivery traffic. It is situated in Lawrence Township and is close to Quaker Bridge Mall, with proximity to I-95 and Route 1 mentioned as part of the overall convenience.

    For tenants and operators, the current configuration can support warehouse and light commercial activities that benefit from overhead loading and straightforward internal layout. For buyers and developers, preliminary plans have been drawn for a 10,000 square foot commercial building, offering a head start compared with starting from scratch. The site is described as zoned for various commercial uses, providing flexibility for multiple operating concepts.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $57.6k $28.80
    − Vacancy −$4.6k −$2.30
    EGI $53.0k $26.50
    − OpEx −$7.9k −$3.97
    NOI $45.0k $22.52
    2,000 SF · lease $28.80/SF/yr · vacancy 8.00% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $643.5K
    $563.0K – $750.7K (±1% cap)
    NOI $45,043 @ 7.0% cap · market cap 5.31%
    Second Best
    Industrial
    $534.5K
    $467.7K – $623.6K (±1% cap)
    NOI $37,417 @ 7.0% cap · market cap 4.41%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Princeton Reuse Home Decor Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence Twp
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.671332
    Latitude
    40.271813

    FAQs

    What type of property is this?
    Flex space - Metal warehouse on over one acre with two overhead doors, office, bathroom, and parking for flexible commercial use.
    Where is this flex space located?
    The property is located at 23 Lawrence Square Boulevard N Lawrence Twp, NJ.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: Metal Butler‑style commercial building on over one acre with 12' high ceiling and open space; Includes two overhead doors, plus one office and a bathroom; Concrete floor and metal roof, with macadam parking lot
    More about this property
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