617 KING Street North, Waterloo, Ontario N2V2N3
Listing courtesy of RE/MAX TWIN CITY REALTY INC..
- $4,999,500
- 16,000
- SqFt
- List Price
- $4,999,500
- MLS®
- 40842809
- Days on Market
- 32
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- Retail
- Living Area
- 16,000
- Subdivision
- 118 - Colonial Acres/East Bridge
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 65% 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. MANY USES ARE POSSIBLE HERE. EVERYTHING FROM HOTEL TO COMMERCIAL SCHOOL AND FUNERAL HOME (AND MANY IN-BETWEEN) (id:5764)
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Additional Information
- Ownership
- Freehold
- Basement Features
- None
- Basement
- Yes
- Subdivision
- 118 - Colonial Acres/East Bridge
- Country
- Canada
- Sewer
- Municipal sewage system
- Community Features
- High Traffic Area
- Stories
- 1
