51 King Street W Lambton Shores, Ontario N0N 1J0
$499,900
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:49269)
Property Details
| MLS® Number | X13798284 |
| Property Type | Retail |
| Community Name | Forest |
| Amenities Near By | Highway, Recreation |
Building
| Age | 100+ Years |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Exterior | 4129 Sqft |
| Size Interior | 4,129 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Recreation |
| Size Depth | 47 Ft ,1 In |
| Size Frontage | 50 Ft ,9 In |
| Size Irregular | Bldg=50.75 X 47.1 Ft |
| Size Total Text | Bldg=50.75 X 47.1 Ft |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/30294072/51-king-street-w-lambton-shores-forest-forest
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September 17 2026 08:51:35
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