7044 534 HIGHWAY

  • 4 hours ago
BusinessOntarioParry Sound Remote Area (Restoule)P0H1W07044 534 Highway, Parry Sound Remote Area (Restoule), Ontario, Canada, P0H1W0

7044 534 Highway, Parry Sound Remote Area (Restoule), Ontario, Canada, P0H1W0

7044 534 Highway, Parry Sound Remote Area (Restoule), Ontario, Canada, P0H1W0

Basics

  • Date added: Added 4 hours ago
  • Category:
  • Area: 6790 sq ft
  • Lot size: 0 sq ft
  • SubdivisionName: Restoule
  • ListOfficeName: HOMELIFE OPTIMUM REALTY
  • MLS ID: X12924100

Description

  • Description:

    Turnkey Restaurant & Lodge Investment Opportunity. Exceptional income property featuring a licensed restaurant, bar, and lodge on 2.34 acres in the heart of cottage country. Ideally located steps from Restoule Lake, snowmobile and walking trails, with a public boat launch just 500 ft away and only 7 km from Restoule Provincial Park, plus close proximity to local amenities and shopping. The restaurant and bar are leased to a Master Chef until June 30, 2027, generating $2,500/month in reliable rental income. The lodge offers four fully furnished guest suites, each with a queen bed and 4-pc bath; three suites include full kitchens and living areas, while the fourth features a fridge and microwave. Guests also have access to a shared commercial laundry (1 washer, 2 dryers). The basement includes a full kitchen and two bathrooms, ideal for staff use, storage, or future expansion. Approx. $210,000 invested in renovations since 2022, plus a 15KW Generac generator included. Sale includes two adjoining parcels (sold together): PIN 522250078 (1.558 acres) and PIN 522250075 (0.778 acres). Strong cash flow with excellent year-round recreational exposure and future growth potential. (id:62692)

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Building Details

  • Heating: Baseboard heaters, Other

Amenities & Features

  • Waterfront available: No
  • OpenParkingYN: No
  • AttachedGarageYN: No
  • GarageYN: No
  • CarportYN: No
  • PoolYN: No
  • CoolingYN: Yes
  • Cooling: Fully air conditioned
  • Total Fireplaces: 0

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