Listed by Re/Max Realty Services Inc..

197 Sherman Avenue N is a Detached, 2-Storey and is currently for Sale @ $599,000. Taxes in 2025 were $3,667.99.

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Amazing opportunity ! Fully detached all brick building operating as a sports club / bar with a two bedroom rental apartment on the upper level. The 2-Storey on 197 Sherman Avenue N has 2 bedrooms, 3 bathrooms, and is located on a 157.9 x 20 ft lot in the community of Gibson . 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.

All electrical light fixtures, all window coverings, fridge, stove, shed, bar fridge.

The address 197 Sherman Avenue N was listed for sale (MLS# X12271230) on Tuesday, July 08, 2025.