$549,000
 $2,947 est/mo Sourced by Back At You

197 Sherman Avenue N,Hamilton (Gibson), ON L8L6M8

Hamilton (Gibson), ON L8L6M8

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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 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. (id:13843)

Details

MLS #X13005194
Listing TypeFor Sale
StyleHouse
StatusActive
Days On Site195
Listing Provided ByRE/MAX REALTY SERVICES INC. | SANDY KENNEDY

Features

Bed(s)2
Bath(s) 3 Total
SQ Feet1,500
Garage2
BasementY
Story(s)2

Interior

CoolingNone
HeatingNatural gas
AppliancesRefrigerator, Stove, Window Coverings
Fireplace Yes / NoNo

Exterior

Foundation DetailsPoured Concrete

Parking

Parking FeaturesDetached Garage, Garage, Street
Parking Total2

Utilities

SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount3667.99

Area Information

ProvinceON
CityHamilton (Gibson)
Postal CodeL8L6M8
Listing VS Median (in L8L6M8)
Price:
$549,000
low | high
Med:
$549,000
50% of Average
sqft:
1,500
low | high
Med:
1,750
33.333333333333% of Average
$ / sqft:
$366
low | high
Med:
$320
62.5% of Average
On site:
195
low | high
Med:
195
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityHamilton (Gibson)
Postal CodeL8L6M8
Listing VS Median (in L8L6M8)
Price:
$549,000
low | high
Med:
$549,000
50% of Average
sqft:
1,500
low | high
Med:
1,750
33.333333333333% of Average
$ / sqft:
$366
low | high
Med:
$320
62.5% of Average
On site:
195
low | high
Med:
195
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $411K - $686K
sqft: 1,000 - 1,500
Listing Updated: September 29, 2026 at 3:24:10 AM PDT