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$ 395,000
Est. payment /mo
Price Dropped by $55K
1091 Gorham ST #101 Newmarket, ON L3Y 8X7
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Newmarket Industrial Park
MLS Listing ID N12685042
Annual Tax Amount $13,911
Tax Year 2026
Property Sub-Type Sale Of Business
Property Description
The Lion Pub & Grill in Prime Newmarket Location An exceptional opportunity to own The Lion Pub & Grill, a well?established, fully licensed pub and restaurant located in one of Newmarket's high?traffic commercial corridors. This long standing neighbourhood favourite is known for its welcoming atmosphere, loyal clientele, and strong food-and-beverage sales. Key Features: Fully turnkey operation with all equipment, chattels, and furnishings included, LLBO?licensed with seating for 210 guests indoors plus an additional 75?seat patio, Attractive lease with favourable terms and options to renew, Consistent revenue supported by dine?in, takeout, and events, High?visibility location with excellent signage and ample parking , Well?maintained kitchen with commercial?grade equipment, walk?in cooler, and efficient layout, Established brand with strong community presence and repeat customers, Opportunity for growth through live entertainment, and expanded marketing
Location
Province ON
County York
Area York
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 50.0
Lot Depth 80.0
Others
Security Features Yes
ParcelsYN No
Listed by RE/MAX COMMUNITY REALTY INC.