For Sale - 494 Albert Street, Waterloo, Ontario

Est payment $2,636/mo
Views   1
Time on Jump  1 days
  • Popular entertainment venue with indoor golf, pool, table tennis, and a bar.
  • Over 8,000 Sq Ft of usable space for diverse activities and events.
  • Strong community support with a 4.4/5 Google rating since 2013.
  • Prime location in a busy plaza with excellent exposure and parking.
  • Recent upgrades of over $170,000 enhance the venue's offerings and appeal.



Thriving waterloo entertainment venue for sale - one of the city's best-equipped entertainment destinations! Highly popular since 2013 and well-loved by the local community, this established all-in-one entertainment destination features indoor golf, pool hall, table tennis, and a licensed bar, making it a go-to gathering spot for customers of all ages. Strong local recognition with a 4. 4/5 google rating. Offering 4,108 sq ft on the main level plus an additional 4,000+ sq ft basement, totalling over 8,000 sq ft of usable space. Low rent of $7,985. 81/month (including tmi & hst). Current lease runs until august 31, 2028, with one 5-year renewal option. Water included at no extra cost. Over $170,000 in recent upgrades, including: 2 premium golfzon vision plus golf simulators (upgraded in 2023, cost over $68,000) ; 6 tournament-grade pool tables (upgraded at the end of 2024, cost over $40,000); brand new tournament-grade shadowless pool table lighting (installed at the end of 2024, cost over $20,000); new carpet throughout (installed in 2024,000) ; plus additional equipment and improvements. Located in a busy plaza with excellent exposure, abundant parking, and easy access. Close to university of waterloo, with at least 6 future high-rise residential towers to be built directly across the plaza, creating tremendous future traffic and customer growth potential. Seller support available: seller willing to assist interested buyers with securing commercial financing. Training available to help the buyer continue operating this successful business smoothly. Great opportunity for entrepreneurs to take over a growing, high-demand entertainment concept in a vibrant community.
Listing IDX13027938
Address494 Albert Street
CityWaterloo, Ontario
Price$549,000
Bath3 Full
StyleSale Of Business
TypeBusiness
StatusFor Sale
Subtype Sale Of BusinessBasement 1Heating / Cooling Gas Forced Air Open
ASAP

Thu

23

Apr

Fri

24

Apr

Sat

25

Apr

Sun

26

Apr

Mon

27

Apr

Tue

28

Apr

Wed

29

Apr

Thu

30

Apr

Fri

1

May

Sat

2

May

Sun

3

May

Mon

4

May

Tue

5

May

Wed

6

May

Thu

7

May

Fri

8

May

Sat

9

May

Sun

10

May

Mon

11

May

Tue

12

May

Wed

13

May

Thu

14

May

Fri

15

May

Sat

16

May

Sun

17

May

Mon

18

May

Tue

19

May

Wed

20

May

Thu

21

May

By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

Listing Agency:  HC REALTY GROUP INC.

* Data is provided courtesy of PROPTX. 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. The information is deemed reliable but is not guaranteed accurate by PROPTX.

Hospital
Parks
Schools
Place of Worship
Please select an amenity above to view a list.

Recommended Properties

Loading...
494 Albert Street
Waterloo , Ontario
3 $549,000
Get more info