Address
197 Sherman Avenue N, Hamilton, ON
Price
$ 549,000
Property Attributes
  • ID#X13005174
  • TypeCommercial
  • Listing Status Active
  • MunicipalityHamilton
  • CityHamilton
  • NeighbourhoodGibson
  • Postal CodeL8L 6M8
  • StyleRetail
  • Price$ 549,000
  • Bedrooms{}
  • Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2000
Data Source:
RLP - CREA EN
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 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.

General Features

Zoning D
Terms SALE
Neighbourhood Gibson
Property Sub Type RETAIL
jumpId 27817858
Property Subtype French Retail
Listing Type French Commercial
MLS X13005174
Appliances Window Coverings
Building Type Residential Commercial Mix
Property Type Retail

Interior Features

Living Area Range 2000 sqft
Bedrooms {}
Cooling Type None
Heating Fuel Natural gas
Heating Type Hot water radiator heat
Total Baths 3
Total Baths 3

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L8L 6M8

Price
AVG $550K
$550K