$599,000
Available - For Sale
Listing ID: X12271226
197 Sherman Avenue North , Hamilton, L8L 6M8, Hamilton
| 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 Licence " ( see attached ). The new owner is responsible to transfer the licence 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. |
| Price | $599,000 |
| Taxes: | $3667.99 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 197 Sherman Avenue North , Hamilton, L8L 6M8, Hamilton |
| Postal Code: | L8L 6M8 |
| Province/State: | Hamilton |
| Legal Description: | Plan 245, PT Lot 10 |
| Directions/Cross Streets: | Barton / Sherman |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 2000.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1000 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Sprinklers: | No |
| Washrooms: | 3 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | No |
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| RE/MAX REALTY SERVICES INC. |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Gibson |
| Tax: | $3,667.99 |
| Baths: | 3 |
| Fireplace: | N |
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