Commercial listings / Mixed-use / For sale

197 Sherman Avenue N, Hamilton, ON L8L 6M8

$549,000

Property type
Mixed-use (Store W Apt/Office)
Transaction
For sale
Location
Hamilton, Hamilton
Building area
2,000 Square Feet
Lot size
0.1 Feet
MLS® number
X13005174

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.

Listing brokerage: RE/MAX REALTY SERVICES INC.

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