197 Sherman Avenue N, Hamilton, ON L8L 6M8

$549,000
: 2
BD
: 3
BA
: 1,500
SqFt

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List Price: $549,000
MLS#: X13005194
Status: ACTIVE
Type: Single Family Residential
SubType: Detached
Style: 2-Storey
Bedrooms: 2
Bathrooms: 3
Living Area: 1500-2000
Province: ON
Municipality: Hamilton
Area: Hamilton
Neighborhood: Gibson
Subdivision: Sherman / Barton

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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.

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Additional Information

Taxes: $3,667
Heat Type: Water
Heat Source: Gas
Air Conditioning: None
Kitchens: 2
Exterior: Stone, Brick
Garage Spaces: 2
Garage Type: Detached
Pool: None
Parking Spaces: 2
Parking Type: Street Only