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Back to search Home Countries Unknown Waterloo 494 Albert Street, Waterloo, ON, N2L 3V4
CAD549,000
494 Albert Street, Waterloo, ON, N2L 3V4
494 Albert Street, Waterloo, ON, N2L 3V4
Sale Of Business

About this home

Property Details: - Type: Sale Of Business - Bedrooms: 0 - Bathrooms: 0 - MLS#: X13027938 Listed By: HC REALTY GROUP INC.

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. This sale of business listing located at 494 Albert Street, Waterloo is currently for sale and has been available on Zolo.ca for 6 days. This without property business listing is in the entertainment industry. 494 Albert Street, Waterloo is in Waterloo.

Property facts

Property type
Sale Of Business
Days on market
59 days

Location

Approximate location · exact address shared on inquiry

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Contact agent
HR
HC REALTY GROUP INC
HC REALTY GROUP INC
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