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$ 499,900
Est. payment /mo
Active Under Contract
51 King ST W Lambton Shores, ON N0N 1J0
4,129 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,129 sqft
Price per Sqft $121
Subdivision Forest
MLS Listing ID X13798284
Annual Tax Amount $4,196
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
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!
Location
Province ON
County Lambton
Area Lambton
Interior
Cooling No
Exterior
Community Features Major Highway, Recreation/Community Centre
Utilities Available Yes
Lot Frontage 50.75
Lot Depth 47.1
Building
Building Age 100+
Others
Security Features No
ParcelsYN No
Virtual Tour https://media.clubtours.ca/51_king_st_w-8699?branding=false
Listed by ROYAL LEPAGE TRILAND REALTY
NEARBY SCHOOLS & PROPERTIES