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$ 249,900
Est. payment /mo
New
1091 Gorham ST #101 Newmarket, ON L3Y 8X7
4,346 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,346 sqft
Price per Sqft $57
Subdivision Newmarket Industrial Park
MLS Listing ID N14031314
Annual Tax Amount $13,911
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
The Lion Pub & Grill - Exceptional Business Opportunity in Prime Newmarket An outstanding opportunity to acquire The Lion Pub & Grill, a well-established, fully licensed pub and restaurant situated along one of Newmarket's prominent, high-traffic commercial corridors. Renowned for its inviting ambiance, loyal customer base, and established food-and- beverage operations, this neighbourhood favourite presents an exceptional opportunity for entrepreneurs and hospitality professionals seeking to invest in a thriving business with significant growth potential. Key Features & Highlights Turnkey Business Operation: Fully equipped and furnished, with all existing equipment, chattels, and furnishings included for a seamless transition. Impressive Seating Capacity: LLBO-licensed establishment accommodating up to 210 guests indoors, complemented by an additional 75-seat outdoor patio. Attractive Lease Terms: Competitive lease arrangement with favourable terms and renewal options. Established Revenue Streams: Supported by dine-in service, takeout offerings, and private events. Prime Commercial Location: Exceptional visibility, prominent signage opportunities, and ample on-site parking. Well-Equipped Commercial Kitchen: Meticulously maintained kitchen featuring commercial-grade equipment, a walk-in cooler, and an efficient operational layout. Recognized Local Presence: An established brand with strong community connections and a loyal, repeat clientele. Substantial Growth Potential: Opportunities to enhance profitability through live entertainment, expanded promotional initiatives, special events, and strategic marketing. A rare opportunity to acquire an established hospitality business in a sought-after Newmarket location. Whether you are an experienced restaurateur or an ambitious entrepreneur looking to enter the hospitality industry, The Lion Pub & Grill offers a solid foundation upon which to build and expand
Location
Province ON
County York
Area York
Zoning COMMERCIAL
Interior
Cooling Yes
Inclusions All Chattels And Equipment, Includes Patio Furniture
Exterior
Parking Features Plaza
Community Features Public Transit
Utilities Available Available
Building
Lot Description Unit
Lited by RE/MAX COMMUNITY REALTY INC.
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