Address
1118 King Street E, Cambridge, ON
Price
$ 999,999
Property Attributes
- ID#40864072
- TypeCommercial
- Listing Status Active
- MunicipalityCambridge
- CityCambridge
- AreaCambridge
- Neighbourhood52 - Preston North
- Postal CodeN3H 3P6
- Style
- Price$ 999,999
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
- Sqr Footage4600
Data Source:
Canadian Real Estate Association (CREA)
Property Description
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. 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 (over $100k) 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:7434)
General Features
| Features | Visual exposure |
|---|---|
| Community Features | High Traffic Area |
| Property Type | Retail |
| Zoning Description | C2 |
| Amenities | Airport, Hospital, Public Transit |
| Location Description | PRESTON - KING ST E |
| Parking Space Total | 15 |
| Building Type | Retail |
| Ownership Type | Freehold |
| Building.StoriesTotal | 1 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Basement Type | Full |
| Living Area Range | 4600 |
Exterior Features
| Land Amenities | Airport, Hospital, Public Transit |
|---|---|
| Sewer | Municipal sewage system |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in N3H 3P6
Price
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