1118 King Street E Cambridge, Ontario N3H 3P6

4,600 sqft

$999,999

VTB possible. Turnkey ready freestanding commercial building with approx. 4,600 sq. ft. total, located in the heart of downtown Cambridge (Preston) within 10 minutes to Hwy 401 and Hwy 24! Situated on a high-exposure corridor directly across from LCBO with over 20,000 vehicles passing daily! Ideal for retail, food service, or general commercial uses (previously operated as a 60-seat family restaurant). Features dual municipal addresses (1118 & 1122 King St E) with the ability to add a center partition wall to create two separate commercial units with individual entrances. C6 zoning allows for future opportunity to build residential units on top! Space features a fully fitted bar, 16-ft commercial kitchen hood, walk-in cooler, and 3 main floor washrooms. Unfinished full-size basement provides extensive storage space with a 4th washroom. Extensive capital UPDATES include roof (2025), commercial flooring (2026), furnace (2026), and commercial toilets (2026). Rear parking for approx. 15 vehicles with easy service and equipment access. All chattels and equipment included! VTB 1st mortgage available up to 60% with fully open terms (pay off anytime without penalty) for 3–5 years. Fully vacant — IMMEDIATE CLOSING AVAILABLE. (id:50787)

Property Details

MLS® Number 40864072
Property Type Retail
Amenities Near By Airport, Hospital, Public Transit
Community Features High Traffic Area
Equipment Type Water Heater
Features Visual Exposure
Parking Space Total 15
Rental Equipment Type Water Heater

Building

Basement Type Full
Stories Total 1
Size Exterior 4600.0000
Size Interior 4,600 Sqft
Type Retail
Utility Water Municipal Water

Land

Access Type Road Access, Highway Access
Acreage No
Land Amenities Airport, Hospital, Public Transit
Sewer Municipal Sewage System
Size Depth 209 Ft
Size Frontage 51 Ft
Size Total Text Under 1/2 Acre
Zoning Description C6

https://www.realtor.ca/real-estate/30291646/1118-king-street-e-cambridge

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