94 King Street, Lambton Shores (Forest) - Business for Sale
94 King Street, Lambton Shores (Forest), Ontario, N0N1J0
This business in Lambton Shores is for sale offering roughly 5,695 sq ft of space.
Description
Opportunity Knocks! Run Your Own Business or For Development! Large Lot 2.48 Acre W/ 277' Frontage. Newly Upgraded 2 Storey Freestanding Building, Total 5690 Sqft, Main Floor 4400 Sqft Restaurant W/ Liquor & Patio Licences for 170 Inside + 38 Outdoor Seats. Full Commercial Kitchen Contains 24 Ft Long Hood & 2 Large Walk-In Coolers. Men and Women's Washrooms ,1 Employee Bath w/ Shower.Turnkey Business W/ High Ranking Google Reviews. 2nd Floor Around 1100 Sqft New Renovated 3 Bedrooms + 2 Bathrooms Apartment W/ Separated Entrance. Large Lot Size, New Upgraded Asphalt Parking Lot W/ 30 Spots And More. C2 Zoning Permits Wide Range of Commercial and Retail Uses, With Great Redevelopment Potencial. Excellence Location at the Main Commercial Strip of Forest, Lambton. On Busy Hwy 21, the Road Connecting To Hwy 402 To Sarnia and Grand Bend. Closed to Main Chain Stores Foodland Supermarket, Tim Horton's, The Shores Recreation Centre, school. About 30 Minutes to Sarnia, 50 Minutes to London, 2 Hours 40 Minutes to Toronto, and 1 Hour 30 Minutes To Detroit USA. (id:66096)
Property Details
- MLS®
- X12972696
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- C2
- Bathrooms
- 4
- Parking
- 30
- Interior Size
- 5,695 ft²
- Lot Size
- 2.48 acres
- Frontage
- 277 ft
- Building Area
- 5,695 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $11,598.48/yr
- Listed
- 209 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 209 days on market, against an average age of 47 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 61 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Lambton Shores (Forest) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N0N)
This home lists at $1,588,000, about 16.5× the local median household income of $96,000.
Carrying it typically needs a household income of about $310,192 (20% down, 25-yr amortization, stress-tested) — roughly 223% above the area median.
- Median household income
- $96,000
- Population
- 42,297
- Median age
- 45.2
- Owner / renter
- 85% / 15%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA N0N)
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$1,588,000
Lambton Shores