197 Sherman Avenue, Hamilton, ON L8L 6M8 (Sherman / Barton)

Price : $599,000.00 , MLS®# : X12271230

PUVANESWARANATHAN
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 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.

Location Description

Sherman / Barton

Property Details
  • Community: Gibson
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 2
  • Bath: 3
  • Garages: Detached
  • Annual Property Taxes : $ 3667.99
Building Features
  • Foundation Type: Poured Concrete
  • Counstruction Material : Stone-Brick
  • Total Parking Space : 2
  • Parking Type : Detached
Features
  • Heating : WaterGas
  • Sewer : Sewer ,

Listing Contracted With: RE/MAX REALTY SERVICES INC.