For Sale

123 King Street, Lambton Shores, Ontario N0N 1J0

$1,690,000

123 King Street, Lambton Shores, Ontario N0N 1J0 is For Sale and has a listing price of 1,690,000. The property is located in the Lambton Shores . It's been on the website for 88 Days.

  • MLS ID: X11882211
  • Office Name THRIVE REALTY GROUP INC.
Property Description

Prime Commercial Investment Opportunity High Exposure Location in Lambton County. Located on the bustling 21 Highway just on the outskirts of Forest, Ontario, this exceptionally well-maintained commercial building offers a rare opportunity for investors seeking a high-traffic, high-visibility location. With 4,134 sq ft of versatile space, the building sits on approximately 1.6 acres of land, providing ample room for expansion or additional development. The property benefits from a C2 zoning designation, allowing for a wide range of commercial uses! Whether you’re looking to establish a new business or expand an existing one, this location offers tremendous potential for growth in a community on the rise. The building’s immaculate condition ensures that it is ready for immediate occupancy, while its prominent position along Highway 21 ensures heavy vehicle traffic, maximizing exposure to potential customers. With over 1.6 acres of land, there’s plenty of opportunity for parking, or expansion. This property offers a unique combination of location, size, zoning flexibility, and condition making it a highly attractive investment for savvy commercial buyers. Don’t miss the chance to secure this prime piece of real estate in one of Lambton Countys most accessible and sought-after locations.

Property Details
  • MLS ID: X11882211
  • Price: $1,690,000
  • Lot Depth: 100.74
  • Transaction Types: For Sale
  • Ref ID: X11882211
  • Year Built: N/A
  • Dir / Cross St: King Street & Gilpin Way
  • Status: Active
  • Tax Year: 2024
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
12/05/2024 X11882211 $1,690,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Lambton Shores
  • $853,815 Average List Price
    based on 1 year
  • 4 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 183.75 % Up
  • Sold (12mo) 101
  • Rented (12mo) 15

  • 1 Month Change -43.6%
  • 3 Month Change -40.8%
  • 6 Month Change -23.8%
Walkscore
  • 44 Walk Score
    Car-Dependent
  • 36 Bike Score
    Somewhat Bikeable
Additional Details
  • Heat Type Y
  • Garage Type Other
  • Taxes: $13,887
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 30 Days (Neg)
  • Listing Entry Date: 05/12/2024 14:19:43
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