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1091 Gorham Street, Newmarket Industrial Park

Price

$349,900

Bedrooms

Not listed

Bathrooms

Not listed

Size

Not listed

Year Built

Not listed

Property Type

Commercial

Property Taxes

$13911.55

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 and Opportunity for growth through live entertainment, and expanded marketing.

Property History

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$2,417 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$279,920

Total Interest Payments

$172,588

Total Payment (Principal + Interest)

$452,508

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Shawn

Meet Shawn

If you are planning to buy or sell a home, you want the process to go successfully. If you are selling, success means getting your property sold quickly and for the highest price possible. If you are buying, it means finding your next dream home and getting into it, affordably. On top of that, if you are like most of my satisfied customers, you also want everything to go smoothly, with as little stress as possible. How can you ensure all that happens? By working with a real estate agent who truly puts you first. I am proud to be the real estate agent of choice for those who want a great experience buying or selling a home. My “clients-first” approach means that you will be working with a professional who listens to you, provides expert advice, and works hard on your behalf.

Let's Find Your Dream Home Together