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    For Sale - 617 King Street, Waterloo, Ontario

    Est payment $28,811/mo
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    Views   2
    Time on Jump  158 day

    AI Summary *

    • Spacious banquet hall of about 15,500 sq ft on 1.50 acres.
    • Fully renovated banquet hall with multiple halls for events.
    • Large residential unit upstairs, easy to convert into more units.
    • Prime location with great visibility and access from main road.
    • Flexible VTB financing options available for potential buyers.




    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.
    Listing IDX12481346
    Address617 King Street
    CityWaterloo, Ontario
    Price$5,999,990
    StyleCommercial Retail
    Land Size1.48
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Major Highway, Public TransitHeating / Cooling Other

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    Listing Agency:  RE/MAX TWIN CITY REALTY INC.

    * Data is provided courtesy of PROPTX. 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. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    617 King Street
    Waterloo , Ontario
    $5,999,990
    Get more info