197 Sherman Avenue

Hamilton, ON

3 bath
2,000 sqft
Store W Apt/Office
420 days on market

$599,000

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.

Listing Details

Taxes (2025): $3,668
Listed: July 8, 2025

Price History

Listing history

Property

Lot Size: 20 x 157.9 Feet

Parking

Garage: Double Detached

Location & Legal

Cross Street: Barton / Sherman
Zoning: D
Parcel Number: 171940228
Possession: 30-59 days
Occupancy: Tenant

Commercial

Office / Apartment Area: 1000 Sq Ft

Included

Inclusions: All electrical light fixtures, all window coverings, fridge, stove, shed, bar fridge.
Rental Items: hot water tank ( if rental )

Community

Postal area L8L

Population: 32,312
Private dwellings: 14,444
Median age: 36.4
Average household size: 2.4
Median household income: $65,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Hamilton · last 12 months

Median sold price: $680,000
Homes sold: 5,005
Median days on market: 27
Sale-to-list price: 97.1%

Based on 5,005 recorded sales of commercial properties in Hamilton over the last 12 months.

Listed by

RE/MAX REALTY SERVICES INC.

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area: 2,000 sq ft
Price per sq ft: $299.50
Annual property tax: $3,668
Tax per sq ft: $1.83

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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