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3 Bath Commercial Property in Hamilton
About 197 Sherman Avenue North
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.
Hamilton commercial priced at $549,000 — book a tour to see if it fits your search.
Inside 197 Sherman Ave N
Every detail from the listing, in one place.
Type
Commercial
Features & systems
Lot & land
Lot size (sqft)
0.1
Listing & possession
Property class
Store W Apt/Office
197 Sherman Ave N Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13005174$549,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 197 Sherman Ave N Compares to the Hamilton Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 197 Sherman Ave N. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings2,435Homes for sale here right now.
Median vs prior 90 days−2.9%Compared with May 12 – Aug 10, 2026: prices down.
Based on 1,780 sales from Aug 10 – Nov 8, 2026 (1,552 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
197 Sherman Ave N is listed at $549,000 (MLS® X13005174). Summitly updates the price as soon as the MLS® record changes.
Has the price of 197 Sherman Ave N changed?
No — 197 Sherman Ave N is still listed at its original asking price of $549,000.
How many bedrooms and bathrooms does 197 Sherman Ave N have?
197 Sherman Ave N has 3 bathrooms. It is a commercial property in Hamilton.
Is 197 Sherman Ave N close to transit?
The nearest rapid-transit station is West Harbour GO Station (Lakeshore West GO), about 2.6 km in a straight line. Hamilton GO Centre GO Station is about 2.7 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 197 Sherman Ave N compare with other homes in Hamilton?
Its asking price of $549,000 is about 19% below the median sold price in Hamilton over the last 90 days, $675,000, across 1,780 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 197 Sherman Ave N been sold before?
Summitly has no earlier MLS® sale or lease of 197 Sherman Ave N on record from the last two years. Older records aren't shown under TRREB rules.
Where is 197 Sherman Ave N?
197 Sherman Ave N is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 197 Sherman Ave N been on the market?
207 days — 197 Sherman Ave N was listed on April 15, 2026.
What is the land transfer tax on 197 Sherman Ave N?
About $7,455 in Ontario land transfer tax at the asking price of $549,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 197 Sherman Ave N or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 197 Sherman Ave N?
The listing for 197 Sherman Ave N doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Hamilton.
When was 197 Sherman Ave N built?
The listing for 197 Sherman Ave N doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.