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$999,999
Ontario,Cambridge
For Sale Active
1118 KING Street E, Cambridge, Ontario N3H3P6
  • 4,600 Sqft
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Basic Details
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:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 40864072
  • Price: $999,999
  • Square Footage: 4,600 Sqft
  • Status: Active
  • Office Name: RE/MAX TWIN CITY REALTY INC.
  • Property Sub Type: Retail
  • Office Key: 289792
Features & Appliances
Features
  • Basement: Full
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Ontario, Cambridge, 52 - Preston North, N3H3P6
  • Street: KING
  • Street Number: 1118
  • Street Suffix: Street
  • Longitude: W81° 38' 49.6''
  • Latitude: N43° 23' 34.2''
  • Street Dir Suffix: East
Additional Information
  • Water Source:
  • Community Features:
  • Lot Features:
  • Stories: 1.0
Financial
  • Tax Annual Amount: 16063.37
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Listing updated: 2026-09-30 17:47:59
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Listing Information
  • List Agent Key: 1750682
  • List Office Key: 289792
  • Modification Timestamp: 2026-09-21T13:15:01Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-09-21T13:12:39Z
Powered by REALTOR.ca
Listing updated: 2026-09-30 17:47:59
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