LOOKING FOR A STABLE CAREFREE INVESTMENT ? Stand alone building * Fully tenanted by a very successful licensed restaurant * 2,600 sq. ft. of recently renovated building * Parking for 17 spots * Offered to market at a SIX PERCENT !! (6%) Capitalization RATE * Corner lot
Address
58 King Street E
List Price
$850,000
MLS® Status
New
Expiration Date
2026-09-24
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Lambton Shores
Sub-Area
Forest
Region
Lambton
Lot Size Source
MPAC
Lot Depth
114.65
Lot Type
Lot
Lot Size Units
Feet
Lot Width
165
Parcel Number
434400098
Total Building Area
18917
Occupant Type
Tenant
Cross Street
CORNER OF ARTHUR STREET
MLS® Number
X12988234
Listing Brokerage
CENTURY 21 REGAL REALTY INC.
Postal Code
N0N 1J0
Tax Amount
$6,667.00
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Outside/Surface
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