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1118 KING Street E, Cambridge

· 2500 sqft

$899,999

VTB possible. Turnkey ready freestanding commercial building with approx. 2,500 sq. ft. on the main level plus 2,100 sq. ft. unfinished basement, 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 3a??5 years. Fully vacant a?? IMMEDIATE CLOSING AVAILABLE.

General Info


MLS Listing ID: 40864072 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Listing Type: Retail Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: N/A Roof: N/A Title To Land: Freehold Parking Space Total: 15
Parking: N/A Heating: N/A Size: 2500 sqft Air Conditioning : N/A
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Full
Water Supply: Municipal water Road Type: N/A Pool Type: N/A
Listed BY: TONY JOHAL, Re/Max Twin City Realty Inc.

Amenities/Features


  • Visual exposure

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