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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 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.
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Nearby Intersections
Property Features
Public Transit, None, Street Only
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Property Details
Address
197 Sherman Avenue
Community
City
Postal Code
L8L 6M8
Property Type
Detached, Detached
Lot Size
20' x 158'
Acreage
0.1 Feet
Taxes
$3,668 (2025
Basement
Unfinished, Full
Heat Type
Water
Heat Source
Gas
Water
Municipal
Garage Type
Detached
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Listing contracted with Re/Max Realty Services Inc.
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