51 KING STREET W,Lambton Shores (Forest),Ontario,N0N1J0
For sale
$499,900
51 KING STREET W,Lambton Shores (Forest),Ontario,N0N1J0
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:63658)
PROPERTY SUMMARY
| MLS® # | : | X13798284 |
| Listing price | : | $499,900 |
| Listed on | : | 27-09-2026 |
| Property subtype | : | For sale |
| Square footage | : | 4129 sqft |
| Year built | : | 0000 |
| Listing office | : | ROYAL LEPAGE TRILAND REALTY |
BEDROOM & BATHROOM
| Total bedrooms | : | 0 Bedrooms |
| Total bathrooms | : | 0 Bathrooms |
BUILDING
| Building type | : | |
| Parking | : |
Community location
Neighbourhood Highlights
-
Highway
Recreation