For Sale

58 King Street, Lambton Shores (Forest), Ontario N0N1J0

$1,200,000

58 King Street, Lambton Shores (Forest), Ontario N0N1J0 is For Sale and has a listing price of 1,200,000. The property is located in the Lambton Shores neighbourhood. It's been on the website for 24 Days.

  • Retail
    Property Type
  • 16
    Parking Spaces
  • MLS ID: X9417577
  • Office Name PRIME REAL ESTATE BROKERAGE,PRIME REAL ESTATE BROK
Property Description

Discover a rare gem in the heart of a bustling commercial district with this lucrative offering a well-established, profitable restaurant housed within a top-tier commercial building. Situated in a Triple-A location, this property enjoys phenomenal traffic, making it a hotspot for both locals and visitors alike, ensuring maximum visibility for your business. The building’s strategic positioning provides not only consistent customer flow but also provides unparalleled advertising opportunities due to its high visibility. Inside, the restaurant has cultivated a strong reputation with incredible local support, a testament to its quality and service. Offered for sale is both the business and the building, presenting an ideal scenario for a seamless transition to new ownership without interruption to operations. Capitalize on this turnkey investment to continue a legacy of success in a thriving market. **** EXTRAS **** Please note; this property is being sold with both property and businessFinancials can be made available. Please see documents tab for a full list of chattels included with sale (id:43137)

Property Details
  • MLS ID: X9417577
  • Price: $1,200,000
  • Transaction Types: For Sale
  • Ref ID: 27558402
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
10/18/2024 X9417577 $1,200,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Lambton Shores
  • $852,738 Average List Price
    based on 1 year
  • 30 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 208.69 % Up
  • Sold (12mo) 126
  • Rented (12mo) 11

  • 1 Month Change -2.0%
  • 3 Month Change +5.6%
  • 6 Month Change +0.3%
Walkscore
  • 58 Walk Score
    Somewhat Walkable
  • 52 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    79.08%
  • Commercial
    13.49%
  • Condo
    5.55%
  • Land for Sale
    1.88%
Additional Details
  • Heat Source Electric
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Total Parking Spaces: 16
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 18/10/2024 00:00:00
  • Zoning R1 1
  • Agent Name: JUSTIN KONIKOW,KYLE HENRY
  • Last Updated: 30/10/2024 17:51:35
Open House Dates
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