Space
Finished area and layout
- Building Area
- 4,600 sqft
+30 more
4,600 sqft
Building Area
51.0 feet frontage
Lot
15
Parking
Property Snapshot
Key details for this listing
MLS #40864072
Property
Type, style and structure
- Type
- commercial
- Style
- retail / Retail
- Ownership
- Freehold
- Basement
- Full
- Stories
- 1
About This Property
This retail in Cambridge offers 4,600 sqft of building area on a 51.0 feet frontage lot. 1 storey. The home features a full basement.
MLS Remarks
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:60351)
Full Listing Details
Address1118 KING Street E
MLS#40864072
Listing StatusActive
Property TypeCommercial
Sub-TypeRetail
TransactionSale
Days on Market39
Common InterestFreehold
Annual Tax$16,063
Parking15
Structure TypeRetail
StyleRetail
Living Area4,600 sqft
Stories1
CityCambridge
ProvinceOntario
Postal CodeN3H3P6
Subdivision52 - Preston North
Frontage51.0 feet
Lot FeaturesVisual exposure
Zoning DetailsC2
Total Parking15
BasementFull
CommunityHigh Traffic Area
SewerMunicipal sewage system
Water SourceMunicipal water
Annual Tax$16,063
PRESTON - KING ST E
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