494 Albert ST, Waterloo, ON N2L 3V4
494 Albert ST, Waterloo, ON N2L 3V4
494 Albert ST, Waterloo, ON N2L 3V4
494 Albert ST, Waterloo, ON N2L 3V4
494 Albert ST, Waterloo, ON N2L 3V4
494 Albert ST, Waterloo, ON N2L 3V4
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$ 549,000
Est. payment | /mo

3 Baths


Save
$ 549,000
Est. payment | /mo
Save

3 Baths

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID X13027938

Tax Year 2025

Property Sub-Type Sale Of Business

Property Description

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, cost over $40,000) ; 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.

Location

Province ON

County Waterloo

Area Waterloo

Interior

Cooling Yes

Exterior

Utilities Available Yes

Others

ParcelsYN No

Listed by HC REALTY GROUP INC.

Nearby Locations

Andrew Cigna

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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494 Albert ST