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462 Albert Street

462 Albert Street

Waterloo, ON

  • 1 bath
  • 4,280 sqft
  • Sale Of Business
  • 121 days on market
$1

Excellent opportunity to own a profitable and well-established Sheesha Bar with LLBO licenselocated in a high-traffic commercial plaza in the heart of Waterloo. This popular destinationoffers excellent visibility, steady walk-in traffic, and benefits from strong residential andcommercial growth in the surrounding area.The business has built a loyal customer base with a strong 4.4-star Google rating andconsistent revenue. This fully equipped, turn-key operation features a modern interior setup,stylish lounge atmosphere, premium sheesha offerings, and a well-maintained dine-in spacedesigned for customer comfort and repeat business.Comes with a secure $23/Sqft plus TMI of $12/Sqft. Strong potential for future growth throughextended hours, private events, catering, and expanded menu offerings.Ideal opportunity for owner-operators, entrepreneurs, or investors seeking a reliable andeasy-to-manage hospitality business with income from day one. Training can be provided for asmooth transition.

Listing Details

Listed
May 11, 2026

Price History

Property

Lot Size
5 x 5 Feet

Parking

Garage
Plaza

Location & Legal

Cross Street
Albert St And Bearinger Rd
Zoning
Commercial
Parcel Number
222730121
Possession
Immediate
Occupancy
Tenant

Commercial

Business Type
Other
Office / Apartment Area
500 Sq Ft

Community

Postal area N2L

Population
37,953
Private dwellings
19,681
Median age
29.8
Average household size
2.2
Median household income
$69,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Waterloo · last 12 months

Median sold price
$695,000
Homes sold
1,035
Median days on market
21
Sale-to-list price
99.8%

Based on 1,035 recorded sales of commercial properties in Waterloo over the last 12 months.

Listed by

CENTURY 21 PROPERTY ZONE REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
4,280 sq ft
Price per sq ft
$0.00

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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