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101 - 1091 Gorham Street

101 - 1091 Gorham Street

Newmarket, ON

  • 4,346 sqft
  • Sale Of Business
  • 236 days on market
$395,000Price reduced 12%

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

Listing Details

Taxes (2026)
$13,912
Originally Listed
$450,000
Listed
January 10, 2026

Price History

Listing history

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Property

Lot Size
50 x 80 Feet

Parking

Garage
Plaza

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Gorham And Leslie
Zoning
COMMERCIAL
Possession
Flexible
Occupancy
Owner

Commercial

Business Type
Restaurant
Office / Apartment Area
150 Sq Ft

Included

Inclusions
All Chattels And Equipment, Includes Patio Furniture

Community

Postal area L3Y

Population
43,556
Private dwellings
17,365
Median age
45.6
Average household size
2.5
Median household income
$93,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Newmarket · last 12 months

Median sold price
$925,000
Homes sold
863
Median days on market
21
Sale-to-list price
97.9%

Based on 863 recorded sales of commercial properties in Newmarket over the last 12 months.

Listed by

RE/MAX COMMUNITY REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
4,346 sq ft
Price per sq ft
$90.89
Annual property tax
$13,912
Tax per sq ft
$3.20

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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