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$4,999,500

Map

617 King Street North

Waterloo, Ontario N2V2N3

For sale· Added

16,000 sqft

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
40842809
Added
Jun 24, 2026 ()
Updated
Aug 7, 2026 ()
Info refreshed

Overview

Property type
Retail
Building type
Retail
Storeys
1
Ownership
Freehold

Inside

Fireplace
No

Building

Basement
None

Land

Frontage
224 ft
Zoning
C5-81

Services

Water
Municipal water
Sewer
Municipal sewage system

Location

Community
Colonial Acres/East Bridge
Directions
Conestoga Parkway
Nearby
High Traffic Area

Running costs

Annual property tax
$79,000

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$4,999,500
617 King Street North
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