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    For Sale - 617 King Street, Waterloo, Ontario

    Est payment $29,742/mo
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    Views   1
    Time on Jump  110 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.
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    617 King Street
    Waterloo , Ontario
    $5,999,990
    Get more info