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1118 King Street E Cambridge, Ontario N3H 3P6

4600 sqft

$899,999

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. 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 55% with fully open terms (pay off anytime without penalty) for 3–5 years. Fully vacant — IMMEDIATE CLOSING AVAILABLE. (id:61499)

Property Details

MLS® Number 40864072
Property Type Retail
AmenitiesNearBy Airport, Hospital, Public Transit
CommunityFeatures High Traffic Area
EquipmentType Water Heater
Features Visual Exposure
ParkingSpaceTotal 15
RentalEquipmentType Water Heater

Building

BasementType Full
StoriesTotal 1
SizeExterior 4600.0000
SizeInterior 4600 Sqft
Type Retail
UtilityWater Municipal Water

Land

AccessType Road Access, Highway Access
Acreage No
LandAmenities Airport, Hospital, Public Transit
Sewer Municipal Sewage System
SizeDepth 209 Ft
SizeFrontage 51 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription C2

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

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Tony Johal
Broker


RE/MAX Twin City Realty Inc.
1400 Bishop St. N, Suite B
Cambridge, Ontario N1R 6W8

Ravi Johal
Salesperson


RE/MAX Twin City Realty Inc.
1400 Bishop St.
Cambridge, Ontario N1R 6W8

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