Waterloo, ON N2V 2N3,617 King ST N
Waterloo, ON N2V 2N3,617 King ST N
Waterloo, ON N2V 2N3,617 King ST N
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$5,999,990
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16,000 SqFt
New

617 King ST N Waterloo, ON N2V 2N3

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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 16,000 sqft

Price per Sqft $374

MLS Listing ID X12481346

Annual Tax Amount $79,000

Tax Year 2025

Property Sub-Type Investment

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 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.

Location

Province ON

County Waterloo

Area Waterloo

Interior

Cooling Yes

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 224.34

Lot Depth 295.85

Others

ParcelsYN No


Listed by RE/MAX TWIN CITY REALTY INC.

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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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617 King ST N