ONHamiltonHamilton197 Sherman Avenue
197 Sherman Avenue
Interior view
Interior view
23
For Sale89 days on Market

197 Sherman Avenue

Hamilton, ON, L8L 6M8

Community:Gibson

Asking Price

$549,000

Frontage

20 ft.

Lot Depth

157.9 ft.

Square Foot

2,000 ft.

Lot Area

0.1 Feet

Zoning

Commercial

197 Sherman Avenue N, Hamilton, L8L 6M8

Property Description

Original Remarks

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 HISTORY

197 Sherman Avenue

PROPERTY DETAILS

OccupancyStore W Apt/Office
Possession TypeFor Sale
Heating TypeGas Hot Water
WaterMunicipal
Sewers
Retail Area2,000 ft
Ownership Type
Basement
Garage TypeDouble Detached
Elevator
CommunityGibson
Hours Open
CategoryStore With Apt/Office
LLBO
Days Open
Business / BuildingLot
Employees
Financial Statement
Franchise Seats
Drive Parking Spaces2
Drive Parking Spaces

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