123 King Street East, Lambton Shores | Image 1

123 King Street East

Lambton Shores, Forest

  • Commercial

$1,690,000
For Sale

Added 1 week ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Service Related

  • Zoning: C2-8

  • Age: No Data

  • Taxes: 13887.04

  • MLS®#: X11882211

  • Added: Dec 05, 2024 (1 week ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: THRIVE REALTY GROUP INC.

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

  • Status: Sale

  • Type: Service Related

  • Property Type: Commercial/Retail

  • Property Type: Service

  • Area: Lambton Shores

  • Community: Forest

  • Availability Date: 30 Days (Neg)

  • Assessment Amount: $533,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Other

Fees

  • Tax Year: 2024

  • Taxes: $13,887

  • Taxes Type: Annual

Land

  • Cross Street: King Street & Gilpin

  • Municipality District: Lambton Shores

  • Sewer: San+Storm

  • Lot Depth: 100.74 Feet

  • Lot Frontage: 655.02 Feet

  • Lot Irregularities: See Realtor Notes

  • Zoning: C2-8

Additional Media

  • Virtual Tour: http://tours.clubtours.ca/vtnb/352557

Commercial Specific

  • Retail Area: 4134

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 4134

  • Total Area Metric: Sq Ft

  • Office Size: 4134

  • Office Size Metric: Sq Ft

  • Lot Code: Lot

  • Survey: N

  • Soil Test: N

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