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For Sale

617 King Street N, Waterloo, ON N2V 2N3

$4,999,500

  • Commercial Retail
  • MLS® X13490382

Listing Brokerage: RE/MAX TWIN CITY REALTY INC.

Description

VTB possible. Beautiful Banquet Hall approx. 15,500 sf building sitting on Approx. 1.50 acres with 4 halls (no kitchen/restaurant, but space available to add). Banquet Hall fully renovated last year. 75+ parking spaces. Banquet hall rooms renting on daily base and upcoming bookings already reserved. Site an also be looked at as a redevelopment as it's located in one of the most vibrant nodes of the region. Prime location with very large frontage on the main road and 3 entrances from main road. Large residential unit on second floor with separate entrance (can easily become 3 res units), 5 rooms, 2.5 bathrooms and kitchen with large dinning/lounge area. 1KM from highway 85. Located 500m down the street form Conestoga Mall and surrounded by all major retailers, hotels and big-box stores. VTB available up to 65% with flexible open terms. C5-81 Zoning allows most all retail uses if the current use is not of use to you. Current owner is retiring. MANY USES ARE POSSIBLE HERE. EVERYTHING FROM HOTEL TO COMMERCIAL SCHOOL AND FUNERAL HOME (AND MANY IN-BETWEEN)

Property details

MLS® number
X13490382
Transaction
For Sale
Property type
Commercial
Style / use
Commercial Retail
City
Waterloo
Building area
16000 Square Feet
Lot width
224.34 Acres
Lot depth
295.85 Acres
Heating
Other
Cooling
Yes
Garage
Outside/Surface
Taxes
$79,000.00
Tax year
2025
Retail area
15500
Listing brokerage
RE/MAX TWIN CITY REALTY INC.

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