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SaleCommercial Retail

617 King Street N

Waterloo, ON N2V 2N3

Price

$5,999,990

Building Size

16,000 sq ft

Lot: 1.48 acres (64,469 sq ft)

MLS# X12481346 | Listed by RE/MAX TWIN CITY REALTY INC.

Commercial Specifications

Property 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 70% 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.

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Listing Courtesy of: RE/MAX TWIN CITY REALTY INC.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.