For Sale

197 Sherman Avenue, Hamilton, Ontario L8L 6M8

$0

197 Sherman Avenue, Hamilton, Ontario L8L 6M8 is For Sale and has a listing price of 599,000. The property is located in the Hamilton . It's been on the website for 72 Days.

  • 3
    Bathrooms
  • MLS ID: X12271226
  • Office Name RE/MAX REALTY SERVICES INC.
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 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.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12271226
  • Price: $599,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 157.9
  • Ref ID: X12271226
  • Dir / Cross St: Barton / Sherman
  • Status: Active
  • Tax Year: 2025
  • Property Sub Category: Commercial Apartment
Price History
List Date MLS ID List Price Status End Date Closed Price
07/08/2025 X12271226 $599,000 For Sale - -
07/08/2025 X12271230 $599,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Hamilton
  • $1,019,669 Average List Price
    based on 1 year
  • 1,219 New Listings
    based on 30 days
  • 70 Median Days on Market
    based on 1 year
  • List vs. Selling Price 163.06 % Up
  • Sold (12mo) 3,135
  • Rented (12mo) 1,163

  • 1 Month Change -12.4%
  • 3 Month Change -6.0%
  • 6 Month Change +1.2%
Walkscore
Additional Details
  • Heat Type Gas Hot Water
  • Washroom Type1: 3
  • Garage Type Double Detached
  • Parking Spaces: 2
  • Taxes: $3,668
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 30-60 Days/TBA
  • Listing Entry Date: 08/07/2025 18:58:37
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