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    For Sale - 197 Sherman Avenue, Hamilton, Ontario

    Est payment $2,969/mo
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    Views   1
    Time on Jump  147 day

    AI Summary *

    • Fully detached all brick building with potential for business and rental income.
    • Two-bedroom apartment above offers living space right next to the sports club.
    • Large pie-shaped lot with multiple storage buildings and garage for convenience.
    • Operational sports club with liquor sales license included for new owner's use.
    • Opportunity to renovate and build equity in a developing community.




    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.
    Listing IDX12271230
    Address197 Sherman Avenue
    CityHamilton, Ontario
    Price$599,000
    Bed / Bath2 / 3 Full
    Style2-Storey, Detached
    ConstructionStone, Brick
    Land Size0.1
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features NoneAmenities Public TransitOwnership FreeholdBasement Unfinished, FullFoundation Poured ConcreteHeating / Cooling WaterHeating Fuel GasSewer Sewer

    Parking 2.00
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    Listing Agency:  RE/MAX REALTY SERVICES INC.
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    197 Sherman Avenue
    Hamilton , Ontario
    2 3 $599,000
    Get more info