197 SHERMAN AVENUE N, Hamilton (Gibson), Ontario, L8L6M8

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 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. (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Bedrooms: 2 (2 above)
• Bathrooms: 3 (1 half)
• Ownership: Freehold
• Attached: No
• Parking: 2 spaces (Detached Garage, Garage, Street)
• Frontage: 20 ft (6.1 m)

Costs

• Annual Taxes: $3,667.99 (2025)

Listing Provided by: RE/MAX REALTY SERVICES INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.