ON
Parry Sound Remote Area (Restoule)
P0H1W0
7044 534 Highway
7044 534 Highway, Parry Sound Remote Area (Restoule), ON P0H1W0
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Listing Type
Commercial/Industrial
Listing Status
Active
30
$1,095,000

Home Details for 7044 534 Highway

Price
$1,095,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Parking
Days on site
33
Listing #
X12539880
Property Description

Turnkey Restaurant & Lodge Investment Opportunity. Exceptional opportunity featuring a licensed restaurant, bar, and lodge on 2.34 acres, offering steady commercial income and flexible accommodation revenue. Ideally located steps from Restoule Lake, snowmobile and walking trails, year-round recreation, and a public boat launch just 500 ft away. Close to shopping, amenities, and only 7 km from Restoule Provincial Park.The restaurant and bar are leased to a Master Chef through June 30, 2027, providing $2,500/month in rental income. Enjoy immediate cash flow while maintaining full control of four fully furnished lodge suites-perfect for short- or long-term rentals. Each suite includes a 4-pc bath and queen bed; three feature full kitchens and living areas, and one has a fridge and microwave. Guests have access to a shared commercial laundry with one washer and two dryers.The basement includes a full kitchen and two bathrooms, ideal for staff, storage, or future expansion. Since 2022, the owner has invested approximately $210,000 in renovations, keeping the property in excellent condition and a 15KW Generac Generator is included. Sale includes two adjoining parcels (sold together): PIN 522250078 - approx. 1.558 acres PIN 522250075 - approx. 0.778 acres (id:31684)

Property Features
  • Heating Information
    • Baseboard
    • Other
Listing Courtesy: HOMELIFE OPTIMUM REALTY
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EXIT OTTAWA VALLEY REALTY, BROKERAGE
1330 Pembroke Street West, Pembroke, ON K8A 7A3
Office
613 629 3948
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