$599,000
Available - For Sale
Listing ID: X12271226
197 Sherman Aven 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 Aven 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
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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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REALTY SERVICES INC.
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At a Glance:
Type: Com - Store W Apt/Office
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Gibson
Style:
Lot Size: x 157.90(Feet)
Approximate Age:
Tax: $3,667.99
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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