Sanjiv Puri
Broker
Royal LePage Certified Realty, Brokerage
Independently owned and operated.
5618 Tenth Line W Unit 8, Mississauga, Ontario L5M7L9
Cell: 647-295-5501Office: 905-858-0000
$4,999,500
Available - For Sale
Listing ID: X13490382
617 King Street North , Waterloo, N2V 2N3, Waterloo
| 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) |
| Price | $4,999,500 |
| Taxes: | $79000.00 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 617 King Street North , Waterloo, N2V 2N3, Waterloo |
| Postal Code: | N2V 2N3 |
| Province/State: | Waterloo |
| Directions/Cross Streets: | NORTHFIELD DR E / KING ST N |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Service |
| Building Percentage: | T |
| Total Area: | 16000.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Other |
| Central Air Conditioning: | Yes |
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| RE/MAX TWIN CITY REALTY INC. |
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Sanjiv Puri
Broker
Dir:
647-295-5501
Bus:
905-858-0000
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Waterloo |
| Municipality: | Waterloo |
| Neighbourhood: | Dufferin Grove |
| Tax: | $79,000 |
| Fireplace: | N |
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