51 King Street W, Lambton Shores, Ontario N0N 1J0

Listed for:
$499,900
0 beds
0 baths
Listed 13 days ago
51 King Street W, Lambton Shores, Ontario N0N 1J0

View all 34 photos

About

Cross Streets: KING WEST AND WASHINGTON. ** Directions: HEAD NORTH FROM 402 ON HIGHWAY 21 TO KING STREET IN FOREST THEN LEFT TO SUBJECT ON LEFT HAND SIDE. Prime multi-use investment opportunity at 51 King St W, right in the heart of vibrant downtown Forest! Ideal for a seasoned real estate investors or ambitious business owners seeking a live/work setup with substantial rental subsidization. This prime property features 3 ground-floor commercial units with high-visibility window display frontage directly across from the Post Office, surrounded by local dining, shopping, and essential services. Below, a full basement with over 6' ceiling height provides convenient lower-level access for updates, utilities, and maintenance. Upstairs, the property offers 4 clean, move-in ready residential apartments, including 3 one-bed/one-bath units and 1 spacious one-bed plus den/one-bath unit. All units feature their own in-suite electrical panel for total convenience. Whether you're looking to generate multi-stream cash flow or occupy a retail space while letting residential and commercial tenants cover your mortgage, this versatile asset offers strong upside potential in a thriving small-town hub! (id:27476)

Property Highlights

MLS® Number
X13798284
Type
Retail
Community Name
Forest
Land Size
Bldg=50.75 x 47.1 FT

Building

Square Footage
4129 sqft
Amenities
Highway, Recreation
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Hot water radiator heat
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE TRILAND REALTY
MLS® number:
X13798284
Agent:
Matt Young
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).