← All listings

For Sale

1118 KING Street, Cambridge, ON N3H 3P6

$999,999

  • Commercial Retail
  • MLS® X13798228

Listing Brokerage: RE/MAX TWIN CITY REALTY INC.

Description

VTB possible. Turnkey ready freestanding commercial building with approx. 4,600 sq. ft. total, located in the heart of downtown Cambridge (Preston) within 10 minutes to Hwy 401 and Hwy 24! Situated on a high-exposure corridor directly across from LCBO with over 20,000 vehicles passing daily! Ideal for retail, food service, or general commercial uses (previously operated as a 60-seat family restaurant). Features dual municipal addresses (1118 & 1122 King St E) with the ability to add a center partition wall to create two separate commercial units with individual entrances. Space features a fully fitted bar, 16-ft commercial kitchen hood, walk-in cooler, and 3 main floor washrooms. Unfinished full-size basement provides extensive storage space with a 4th washroom. Extensive capital UPDATES (over $100k) include roof (2025), commercial flooring (2026), furnace (2026), and commercial toilets (2026). Rear parking for approx. 15 vehicles with easy service and equipment access. All chattels and equipment included! VTB 1st mortgage available up to 60% with fully open terms (pay off anytime without penalty) for 3-5 years. Fully vacant - IMMEDIATE CLOSING AVAILABLE.

Property details

MLS® number
X13798228
Transaction
For Sale
Property type
Commercial
Style / use
Commercial Retail
City
Cambridge
Building area
4600 Square Feet
Lot width
51 Feet
Lot depth
209 Feet
Heating
Gas Forced Air Open
Cooling
Yes
Garage
None
Taxes
$16,063.00
Tax year
2026
Retail area
2500
Listing brokerage
RE/MAX TWIN CITY REALTY INC.

View virtual tour

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing information is deemed reliable but is not guaranteed accurate by PROPTX. Listings shown are a selection of properties from the IDX data feed and do not represent all MLS® listings. Data last updated October 19, 2026 at 6:25 am.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. REALTOR® is a trademark controlled by CREA.

Request Free Evaluation