197 Sherman Avenue
Hamilton, ON
3 bath • 2,000 sqft • Store W Apt/Office • 134 days on market
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 Details
- Taxes (2025)
- $3,668
- Listed
- April 15, 2026
Price History
Listing history
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Property
- Lot Size
- 20 x 157.9 Feet
Location & Legal
- Cross Street
- Barton / Sherman
- Zoning
- D
- Parcel Number
- 171940228
- Possession
- 30-59 days
Commercial
- Occupancy
- Owner
- 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
- $681,000
- Homes sold
- 4,998
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,998 recorded sales of commercial properties in Hamilton over the last 12 months.
Listed by
RE/MAX REALTY SERVICES INC.
Location
Commercial figures
- Building area
- 2,000 sq ft
- Price per sq ft
- $274.50
- 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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