Address
617 King Street N, Waterloo, ON
Price
$ 4,999,500
Property Attributes
- ID#40842809
- TypeCommercial
- Listing Status Active
- MunicipalityWaterloo
- CityWaterloo
- AreaWaterloo
- Neighbourhood118 - Colonial Acres/East Bridge
- Postal CodeN2V 2N3
- Style
- Price$ 4,999,500
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
- Sqr Footage16000
Data Source:
Canadian Real Estate Association (CREA)
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:7434)
General Features
| Community Features | High Traffic Area |
|---|---|
| Property Type | Retail |
| Zoning Description | C5-81 |
| Amenities | Airport, Hospital, Public Transit |
| Location Description | CONESTOGA PARKWAY |
| Building Type | Retail |
| Ownership Type | Freehold |
| Building.StoriesTotal | 1 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Basement Type | None |
| Living Area Range | 16000 |
Exterior Features
| Land Amenities | Airport, Hospital, Public Transit |
|---|---|
| Sewer | Municipal sewage system |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in N2V 2N3
Price
