197 Sherman Avenue
$549,000
Annual taxes: $3,668 (2025)
—
Bedrooms
3
Bathrooms
2,000
Sqft
—
Approx. Age
Property Overview
MLS®
X13005174
Status
Active
Property Type
Commercial
Property Sub-Type
Store W Apt/Office
List Price
$549,000
Taxes
$3,667.99 (2025)
Lot Size
0.1 Feet
Square Footage (Exact)
2,000 sqft
Bathrooms
3
Cooling
No
City
Hamilton
Postal Code
L8L 6M8
Property Description
Amazing opportunity ! Fully detached all brick building operating as a sports club / bar with a two bedroom rental apartment on the upper level. Premium 20' X 158' pie - shaped lot ( 40' rear ) located in the up and coming " Gibson Community ". This is a fully operational " Sports Club" with a 64 person capacity and is being sold with the " Liquor Sales License " ( see attached ). The new owner is responsible to transfer the license to his / her name. The building is solid but needs cosmetic updating on all three levels, large rear yard with multiple storage buildings and a detached all brick garage fronting onto the rear laneway. All fixtures and chattels are included " as-is ", no financials are available for the Sports Club and there is no guarantee that the Alcohol and Gaming Commission will accept the new applicant. This is a perfect opportunity for the new owner to live / work in the same location and create equity by improving the existing building / property. Second floor apartment has a side entrance as well as a rear stairwell. Hot water gas heat, gas hot water tank ( rental ). Sale price includes the building and operating business.
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Estimated Monthly
$2,694
Estimate only. Excludes property tax, insurance, condo fees, and CMHC premium. Speak to a mortgage professional for an exact figure.
Listing Brokerage
RE/MAX REALTY SERVICES INC.
Data via TRREB / AMPRE IDX
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