51 King Street W, Lambton Shores (forest), Ontario

$499,900

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4,129

Square feet

About 51 King Street W

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:36535)

Features of 51 King Street W

Listing # X13798284
Price $499,900
Bathrooms 0.00
Square Footage 4,129
Acres 0.00
Type Retail

Community Information

Address 51 King Street W
Subdivision Forest
City Lambton Shores (forest)
Province Ontario
Postal Code N0N1J0

Amenities

Amenities Highway, Recreation
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Hot water radiator heat
Cooling None
Fireplace No
Has Basement No

Exterior

Lot Description Bldg=50.75 x 47.1 FT

Listing Details

OfficeCourtesy Of ROYAL LEPAGE TRILAND REALTY

Listing Map