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617 King Street N Waterloo, Ontario N2V 2N3

16000 sqft
Fully Air Conditioned Other

$5,999,990

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. (id:60365)

Property Details

MLS® Number X12481346
Property Type Business
AmenitiesNearBy Highway, Public Transit

Building

CoolingType Fully Air Conditioned
HeatingType Other
SizeExterior 16000 Sqft
SizeInterior 16000 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Highway, Public Transit
SizeIrregular Bldg=224.34 X 295.85 Acre
SizeTotalText Bldg=224.34 X 295.85 Acre
ZoningDescription C5-81

https://www.realtor.ca/real-estate/29030896/617-king-street-n-waterloo

Tony Johal
Broker


RE/MAX Twin City Realty Inc.
1400 Bishop St N Unit B
Cambridge, Ontario N1R 6W8

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