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4,600 sqft

C$899,999

1118 King Street E, Cambridge ON, N3H 3P6

Price per sqftC$195.65
Property size4,600 sqft
Property typeCommercial

Overview

Active

Listed Sep 17, 2026

Updated 8 days ago

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.

Other Property Details

Taxes
$16,063
Tax Frequency
Annually
Secondary Association Fee Frequency
Monthly
55+/Senior Community
No

Listed by Tony Johal, Ravi Johal RE/MAX TWIN CITY REALTY INC.

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