Retail

617 King Street N

Waterloo, Ontario N2V2N3

$4,999,500

MLS® X14125168

  • 16,000 sq ftInterior
  • Bldg=224.34 x 295.85 FTLot size

Overview

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) (id:57793)

Property details

MLS® number
X14125168
Price
$4,999,500
Listing
For sale
Property type
Retail
Interior size
16,000 sq ft
Lot size
Bldg=224.34 x 295.85 FT
Heating
Other
Cooling
Fully air conditioned
Water
Municipal water
Zoning
C5-81
Annual taxes
$79,000

Location

Address
617 King Street N
City
Waterloo
Province
Ontario
Postal code
N2V2N3
Country
Canada

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