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Price Change · Listed Sep 17, 2026 · 40 days on market

1118 KING Street, Cambridge, ON N3H 3P6

$899,999

Commercial · Commercial Retail · 4600 sq ft · For Sale

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.

Property summary

TypeCommercial
SubtypeCommercial Retail
Building area4600 Square Feet
Lot size51 × 209 ft
Taxes$16,063 / yr
GarageNone
PossessionImmediate
OccupantVacant
Property
Lot width51
Lot depth209
Power & Services
Heating typeGas Forced Air Open
UtilitiesYes
Zoning & Taxes
Taxes / yr$16,063
Tax year2026
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Data provided by TRREB. Listed by RE/MAX TWIN CITY REALTY INC..

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CC Susan — Central Commercial
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