More Photos

×

    For Sale - 494 Albert Street, Waterloo, Ontario

    Est payment $2,334/mo
    Get pre-qualified
    Views   2
    Time on Jump  8 day

    AI Summary *

    • Established entertainment venue operating since 2013 with indoor golf, pool, table tennis, and a licensed bar.
    • Over 8,000 square feet across the main level and basement.
    • Recent upgrades include golf simulators, pool tables, lighting, and carpeting.
    • Busy plaza location offers abundant parking and convenient access.
    • Seller training and transition support available for a smooth handover.




    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 multiple high-rise residential towers to be built directly across the plaza, creating tremendous future traffic and customer growth potential. Seller training and transition support available to ensure a smooth handover to the new owner. Fully equipped and ready for operation. Great opportunity for entrepreneurs to take over a growing, high-demand entertainment concept in a vibrant community.
    Listing IDX14139052
    Address494 Albert Street
    CityWaterloo, Ontario
    Price$486,000
    Bath3 Full
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessBasement 1Heating / Cooling Gas Forced Air Open

    ASAP

    Thu

    12

    Nov

    Fri

    13

    Nov

    Sat

    14

    Nov

    Sun

    15

    Nov

    Mon

    16

    Nov

    Tue

    17

    Nov

    Wed

    18

    Nov

    Thu

    19

    Nov

    Fri

    20

    Nov

    Sat

    21

    Nov

    Sun

    22

    Nov

    Mon

    23

    Nov

    Tue

    24

    Nov

    Wed

    25

    Nov

    Thu

    26

    Nov

    Fri

    27

    Nov

    Sat

    28

    Nov

    Sun

    29

    Nov

    Mon

    30

    Nov

    Tue

    1

    Dec

    Wed

    2

    Dec

    Thu

    3

    Dec

    Fri

    4

    Dec

    Sat

    5

    Dec

    Sun

    6

    Dec

    Mon

    7

    Dec

    Tue

    8

    Dec

    Wed

    9

    Dec

    Thu

    10

    Dec

    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 Brokerage: 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

    113 Churchill Street
    Waterloo, Ontario.
    5 Beds | 2 Baths
    $525,000
    Loading...
    494 Albert Street
    Waterloo , Ontario
    3 $486,000
    Get more info