1118 KING Street, Cambridge, ON N3H 3P6
Cambridge · ON
About this property
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 3-5 years. Fully vacant - IMMEDIATE CLOSING AVAILABLE.
Property details
- MLS® Number
- X13798228
- Status
- Active / Price Change
- Transaction
- For Sale
- Property Type
- Commercial
- Property Subtype
- Commercial Retail
- Lot Size
- Feet
- Lot Width
- 51.00
- Lot Depth
- 209.00
- Taxes
- $16,063
- Tax Year
- 2026
- Garage
- None
- Heating
- Gas Forced Air Open
- Cooling
- Yes
- Cross Street
- KING ST E / DOLPH ST S
- Directions
- KING ST E
- Occupancy
- Vacant
Interior Features
- Security
- Yes
Building & Construction
- Building area
- 2500
Parking & Garage
- Garage
- None
Community & Neighbourhood
- Cross street
- KING ST E / DOLPH ST S
Utilities & Services
- Utilities
- Yes
Location
Property History
- Listed
- September 17, 2026 1:48 PM
- Listing updated
- November 7, 2026 3:40 PM
- System updated
- November 7, 2026 3:40 PM
- Photos changed
- September 17, 2026 1:48 PM
- Media changed
- October 22, 2026 3:52 PM
- Imported locally
- November 7, 2026 6:00 PM