For sale 50$4,999,500
617 King Street North
Waterloo, Ontario N2V2N3
For sale· Added
About this property
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
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Property details
Listing
- MLS® number
- X13490382
- Added
- Jun 25, 2026 ()
- Updated
- Sep 16, 2026 ()
- Info refreshed
Overview
- Property type
- Retail
Inside
- Heating
- Other
- Cooling
- Fully air conditioned
- Fireplace
- No
Land
- Lot size
- Bldg=224.34 x 295.85 Acre
- Zoning
- C5-81
Services
- Water
- Municipal water
Location
- Cross streets
- Northfield Dr E / King St N
- Directions
- Northfield Dr E To King St N.
Running costs
- Annual property tax
- $79,000
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