4,129 ft2
None
Hot Water Radiator Heat
$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:50976)
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 Ft2 |
|
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
