617 King Street

Waterloo, N2V 2N3
FOR SALE
$5,999,990
617 King Street, Waterloo
617 King Street
617 King Street
617 King Street
617 King Street
617 King Street
617 King Street
617 King Street
617 King Street
617 King Street
617 King Street
617 King Street
617 King Street
617 King Street
617 King Street
617 King Street
617 King Street
617 King Street
617 King Street
617 King Street
Commercial Retail
CATEGORY
16,000 Sq Ft
TOTAL AREA
X12481346
MLSID
Contact 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.
Property Details
Address
617 King Street
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
Listing contracted with Re/Max Twin City Realty Inc.
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