94 KING STREET E, Lambton Shores (Forest)
$1,588,000
For sale: Other
- Property type
- Sale Of Business
- Bedrooms / bathrooms
- 4 bathrooms
- MLS®
- MLS® X12972696
- Neighbourhood
- Forest
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.
Sold data
Homes in Forest — recent sold market
Homes in Forest took a median of 28 days to sell over the last 730 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 45, across 60 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $512,400.
Homes sold for about 3.5% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
- Median days to sell
- 28
- Median sale price
- $512,400
- Sale-to-list ratio
- 96.5%
- Sold above asking
- 7%
Based on 60 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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