617 King Street N, Waterloo, ON N2V 2N3
617 King Street N, Waterloo, ON N2V 2N3
617 King Street N, Waterloo, ON N2V 2N3
617 King Street N, Waterloo, ON N2V 2N3
617 King Street N, Waterloo, ON N2V 2N3
617 King Street N, Waterloo, ON N2V 2N3
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Amanpreet Kaur Realtor

Amanpreet Kaur Realtor

+1(289) 700-2629
Listed by Tony Johal • RE/MAX TWIN CITY REALTY INC.
$ 4,999,500
Est. payment | /mo

16,000 SqFt

Save
$ 4,999,500
Est. payment | /mo
Save

16,000 SqFt

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 16,000 sqft

Price per Sqft $312

MLS Listing ID 40842809

Abv Grd Liv Area 16,000

Annual Tax Amount $79,000

Property Sub-Type Building and Land

Source Cornerstone

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)

Location

Province ON

County Waterloo

Area 1 - Waterloo East

Zoning C5-81

Direction CONESTOGA PARKWAY

Rooms

Basement None

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 224.34

Lot Depth 295.85

Garage No

Building

Lot Description Airport, Business Centre, High Traffic Area, Hospital, Major Anchor, Public Transit

Faces CONESTOGA PARKWAY

Story 1

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 222810321

Ownership Freehold/None

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NEARBY SCHOOL & BUSINESS

Amanpreet Kaur Realtor

+1(289) 700-2629

info@themultaniteam.com

4145 North Service Road Unit 2, L7L6A3, Burlington, Ontario, Canada

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617 King Street N