Store W Apt/OfficeActive

197 Sherman Avenue

197 Sherman Avenue N, Hamilton, ON L8L 6M8·MLS® X13005174

$549,000

Annual taxes: $3,668 (2025)

—

Bedrooms

3

Bathrooms

2,000

Sqft

—

Approx. Age

Property Overview

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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