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7044 HWY 534 HIGHWAY Parry Sound Remote Area (restoule), ON P0H1W0
6,790 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,790 sqft
Price per Sqft $161
Subdivision Restoule
MLS® Listing ID X12539886
Source Toronto Regional Real Estate Board
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by HOMELIFE OPTIMUM REALTY
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