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617 King Street N Waterloo, Ontario N2V 2N3

16000 sqft

$5,999,990

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. (id:63008)

Property Details

MLS® Number 40782029
Property Type Other
AmenitiesNearBy Airport, Hospital, Public Transit
CommunityFeatures High Traffic Area

Building

BasementType None
StoriesTotal 1
SizeExterior 16000.0000
SizeInterior 16000 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Airport, Hospital, Public Transit
Sewer Municipal Sewage System
SizeDepth 296 Ft
SizeFrontage 224 Ft
SizeTotalText 1/2 - 1.99 Acres
ZoningDescription C5-81

https://www.realtor.ca/real-estate/29030328/617-king-street-n-waterloo

Tony Johal
Broker


RE/MAX Twin City Realty Inc. Brokerage-2
1400 Bishop St. N, Suite B
Cambridge, Ontario N1R 6W8

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