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58 King Street

58 King Street

Lambton Shores, ON

  • 18,917 sqft
  • Investment
$850,000

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

Listing Details

Taxes (2025)
$6,667
Listed
April 12, 2026

Price History

Listing history

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Property

Lot Size
165 x 114.65 Feet

Parking

Garage
Outside/Surface

Location & Legal

Cross Street
CORNER OF ARTHUR STREET
Zoning
COMM
Parcel Number
434400098
Possession
Flexible
Occupancy
Tenant

Community

Postal area N0N

Population
42,297
Private dwellings
18,752
Median age
45.2
Average household size
2.5
Median household income
$96,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Lambton Shores · last 12 months

Median sold price
$615,000
Homes sold
199
Median days on market
38
Sale-to-list price
95.1%

Based on 199 recorded sales of commercial properties in Lambton Shores over the last 12 months.

Listed by

CENTURY 21 REGAL REALTY INC.

Walk Score

61

Walk

52

Bike

Scores by Walk Score®

Commercial figures

Building area
18,917 sq ft
Price per sq ft
$44.93
Annual property tax
$6,667
Tax per sq ft
$0.35

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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Reita said:

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