51 King Street

Lambton Shores, N0N 1J0
FOR SALE
$499,900
51 King Street, Lambton Shores
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
Commercial Retail
CATEGORY
2,000 Sq Ft
RETAIL AREA
X13798284
MLSID
Contact Us
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!
Property Details
Address
51 King Street
Community
Postal Code
N0N 1J0
Property Type
Commercial Retail, Commercial Retail
Use
Multi-Use
Zoning
C1
Lot Size
51' x 47'
Retail Area
2,000 Sq Ft
Taxes
$4,196 (2026
Heat Type
Gas Hot Water
Water
Municipal
Garage Type
None
Listing contracted with Royal Lepage Triland Realty
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