617 King Street
Waterloo, N2V 2N3
FOR SALE
$5,999,990

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Commercial Retail
CATEGORY16,000 Sq Ft
TOTAL AREAX12481346
MLSIDContact Us
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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Property Details
Address
617 King Street
City
Postal Code
N2V 2N3
Property Type
Commercial Retail, Commercial Retail
Use
Service
Zoning
C5-81
Lot Size
224' x 296'
Total Area
16,000 Sq Ft
Retail Area
15,500 Sq Ft
Acreage
1.5 Acres
Taxes
$79,000 (2025
Heat Type
Other
Water
Municipal
Garage Type
Outside/Surface
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Listing contracted with Re/Max Twin City Realty Inc.
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