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$4,999,500

0 Beds 0 Baths 16,000 SQFT 0.00 Acres
Type: Commercial

617 King Street N
Waterloo, ON N2V 2N3

MLS#: 40842809
John Tacder
John Tacder
Condo Digs
Presented by: RE/MAX TWIN CITY REALTY INC.

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)


 

Interior Features

Bedrooms

Total Bedrooms0

Other Interior Features

Above Grade Finished Area Unit Type0 sqft
Air Conditioning Y/NNo
BasementNone
Below Grade Finished Area Unit Type0 sqft
Fireplace Y/NNo
Total Stories1

General

Building Area Units0 sqft
CityWaterloo
CountyWaterloo
DirectionsCONESTOGA PARKWAY
Garage Y/NNo
MLS Area1 - Waterloo East
MLS Area Minor118 - Colonial Acres/East Bridge
New ConstructionNo
Number Of Units Total0
Property SubtypeBuilding and Land
Property TypeCommercial Sale
Senior Community Y/NNo
SewerSewer (Municipal)
Standard StatusActive
StatusActive
Structure TypeRetail
ZoningC5-81

Exterior

Building Area Total16,000 sqft
Crops Included Y/NNo
Frontage Length224 sqft
Lot Dimensions224.34 x 295.85
Lot FeaturesAirport, Business Centre, High Traffic Area, Hospital, Major Anchor, Public Transit
Water SourceMunicipal
Waterfront Y/NNo

Additional Details

Schools 

High School Hubert H Humphrey Middle School
Elementary School Big Hollow Elementary School

  

Similar Properties

$4,999,500

0 Beds 0 Baths 16,000 SQFT 0.00 Acres
Type: Commercial

617 King Street N
Waterloo, ON N2V 2N3

MLS#: 40842809
John Tacder
John Tacder
Condo Digs
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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