617 King Street N, Waterloo, ON N2V 2N3, Waterloo, ON
16000.0 sqft
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.
Property Highlights
For Sale
MLS NO.
X12481346
Type
Commercial
Sub Type
Commercial Retail
Square Footage
16000.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Commercial Retail
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X12481346
Security Features
Yes
Lot Width
224.34
Lot Size
1.48
Garage Type
Outside/Surface
Cooling
Yes
Heat Type
Other
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
617 King Street N, Waterloo, ON N2V 2N3
City
Waterloo
County / Region
Waterloo
Province / State
ON
Postal Code
N2V 2N3
Cross Street
COLBY DR
Directions
CONESTOGA PARKWAY
List Price
$5,999,990
Annual Taxes
$79,000
Tax Year
2025
Possession Type
Other
Possession Details
OTHER
Listing Office
RE/MAX TWIN CITY REALTY INC.
Board
Toronto Regional Real Estate Board
Original Entry
2025-10-24T19:52:09Z
Media Updated
2025-10-24T19:52:10Z
Photos Updated
2025-10-24T19:52:10Z
Last Modified
2025-11-20T13:10:58Z
System Modified
2025-11-20T13:10:58.218628Z
MLS Status
New
Ddfyn
Yes
Expiration Date
2026-10-24
Heat Type Multi
Other
Hstapplication
Included In
Occupant Type
Owner
Originating System Id
A00001796
Parcel Number
222810321
Public Remarks
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.
