Iconic Austin Record Store Waterloo Records Relocates After 42 Years Under New Ownership

Iconic Austin Record Store Waterloo Records Relocates After 42 Years Under New Ownership

By Marcus Bennett

January 16, 2025 at 12:10 AM

Waterloo Records & Video, an Austin music landmark for 42 years, announced its relocation from 600 North Lamar to 1105 North Lamar, alongside new ownership changes. The move is scheduled for Spring.

Customers browsing at Waterloo Records Austin

Customers browsing at Waterloo Records Austin

Long-time owner John Kunz is transitioning ownership to Caren Kelleher and Trey Watson while retaining a minority stake. The new location offers 50% more space, expanding from 6,400 sq. ft., and features improved parking and a larger performance stage for in-store events.

Key changes and benefits include:

  • Five blocks from the original location
  • Enhanced space for events and performances
  • Better parking facilities
  • Closer proximity to downtown music venues
  • Retained current staff with ownership opportunities

New owners bring significant industry experience:

  • Caren Kelleher: Founder & CEO of Gold Rush Vinyl
  • Trey Watson: CEO of Armadillo Records and President of Globe Entertainment & Media Corp

Historical significance:

  • Originally opened April 1, 1982
  • Won "Best Record Store" award in first year
  • Added video rentals in 1985
  • Kunz became sole owner in 1987

"My decades-long hope has been for Waterloo Records & Video to live on forever, continuing to promote Austin's vibrant music culture and community," says Kunz, expressing enthusiasm for the store's next chapter while maintaining its traditional values and community focus.

The transition ensures continuity of Waterloo Records' legacy while expanding its capabilities to serve Austin's music community for years to come.

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