58 King Street East, Lambton Shores | Image 1

58 King Street East

Lambton Shores, Forest

  • Commercial

$X,XXX,XXX
For Sale

Added 4 weeks ago

Sign in or Register • To view all data & photos, an account is required by the Toronto Real Estate Board.

  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Hospitality/Food Related

  • Zoning: C2

  • Age: 31-50 years

  • Taxes: 6473

  • MLS®#: X9417577

  • Days on Site: 10 Days

  • Added: Oct 18, 2024 (4 weeks ago)

  • Updated:

  • Last Checked: 10 hours ago

  • Listed By: PRIME REAL ESTATE BROKERAGE

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

Property

  • Status: Sale

  • Type: Hospitality/Food Related

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Age: 31-50

  • Area: Lambton Shores

  • Community: Forest

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Elec Forced Air

  • Elevator: None

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 16

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 68-69 PL 21 FOREST; LAMBTON SHORES

  • Taxes: $6,473

  • Taxes Type: Annual

Land

  • Cross Street: Corner of King St an

  • Municipality District: Lambton Shores

  • Parcel Number: 434400098

  • Sewer: San+Storm

  • Lot Depth: 95.01 Feet

  • Lot Frontage: 165 Feet

  • Zoning: C2

Commercial Specific

  • Rail: N

  • Retail Area: 2600

  • Retail Area Metric: Sq Ft

  • Sprinklers: Part

  • Total Area: 15718.45

  • Total Area Metric: Sq Ft

  • Days Open: 6

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 66

  • Financial Statement: Y

Map of 58 King Street East, Lambton Shores
JK-4

South Plympton Central School

Elementary: Public
18.48 km
JK-8

Aberarder Central School

Elementary: Public
9.78 km
JK-8

Bosanquet Central Public School

Elementary: Public
11.06 km
JK-8

St Peter Canisius Catholic School

Elementary: Catholic
18.78 km
JK-8

St John Fisher Catholic School

Elementary: Catholic
0.51 km
JK-8

Kinnwood Central Public School

Elementary: Public
0.99 km
9-12

École secondaire Franco-Jeunesse

Secondary: Public
31.28 km
9-12

École secondaire catholique École secondaire Saint-François-Xavier

Secondary: Catholic
31.53 km
9-12

North Middlesex District High School

Secondary: Public
25.71 km
9-12

North Lambton Secondary School

Secondary: Public
1.04 km
9-12

Lambton Central Collegiate and Vocational Institute

Secondary: Public
27.78 km
9-12

St Patrick's Catholic Secondary School

Secondary: Catholic
31.30 km