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
28
$1,075,000

Home Details for 7044 534 Highway

Price
$1,075,000
Type
Commercial Sale
Listing #
X12924100
Property 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:31684)

Property Features
  • Heating Information
    • Baseboard
    • Other
Listing Courtesy: HOMELIFE OPTIMUM REALTY
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