197 Sherman Avenue N, Hamilton - $549,000 | Modern Solution

197 Sherman Avenue N

197 Sherman Avenue N, Hamilton

197 Sherman Avenue N in Hamilton - 2 bedroom, 3 bathroom. Listed at $549,000.

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.

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 1750 sqft
  • Basement: Unfinished
  • Heating: Gas
  • Cooling: None
  • Parking: 2 spaces
  • Property Taxes: $3,667.99/yr
  • Neighbourhood: Gibson
  • Postal Code: L8L 6M8

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