Skip to content
1 / 35
Building and LandMLS® 40864072

1118 King Street E, Cambridge ON N3H 3P6

Preston North, Cambridge, N3H 3P6

$999,999

15Parking
Building and LandType
4Days on market

The home

About this property

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.

Specifications

Property details

Property type

Commercial Sale

Lot

51 x 209 Square Feet

Taxes

$16,063 (annual)

Basement

Full

Parking

15 total

Days on market

4

What's included

Features and amenities

Lot

Irregular LotAirportBusiness CentreCity LotHigh Traffic AreaHighway AccessHospitalMajor AnchorPublic TransitVisual Exposure

Where it sits

Location

Pin placed at the coordinates supplied by the MLS® System.

Listed by Tony Johal, RE/MAX TWIN CITY REALTY INC. (the Cornerstone Association of REALTORS®).

Listing content protected by copyright and licensed by Information Technology Systems Ontario. Information is deemed reliable but is not guaranteed accurate by ITSO. Measurements are deemed reliable but not guaranteed.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Presented by Rebecca Dorey, Sales Representative, RE/MAX Solid Gold Realty (II) Ltd., Brokerage. Each office independently owned and operated.