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197 Sherman Avenue N, Hamilton, ON L8L 6M8

Gibson · Hamilton · ON · L8L 6M8

$549,000
$366/sqft
2 beds3 baths1,500–2,000 sqft2 parkingDetached

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197 Sherman Avenue N, Hamilton, ON L8L 6M8Request a viewing

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 Type
Detached
Style
2-Storey
Bedrooms
2
Bathrooms
3
Square Feet
1,500–2,000
Year Built
Parking
2
Basement
Unfinished, Full
Taxes
$3,668/yr
Market insight: Homes in Gibson have stayed in demand, with well-priced properties moving quickly. Ask about recent comparable sales →