7044 534 HIGHWAY, Parry Sound Remote Area (Restoule), Ontario, CA

Address: 7044 534 HIGHWAY, Parry Sound Remote Area (Restoule), Ontario

0 Beds0 Baths6790 sqftStatus: Buy
Price $1,095,000

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Business
Square Footage
6790 sqft
Community Name
Restoule
Land Size
262.5 x 324.09 FT
Building
Interior Features
Appliances Included
Furniture, Hood Fan, Window Coverings
Building Features
Square Footage
6790 sqft
Rental Equipment
Water Heater, Propane Tank
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Baseboard heaters, Other
Land
Other Property Information
Zoning Description
N/A
Features
           Furniture            Hood Fan            Window Coverings
           Fully air conditioned
Enter Details Below
=

Your Home Finance Calculation

Property Price CA $1,095,000
Bank Loan Amount CA $0
Monthly Installment CA $0

More Properties By RICHARD GAMBLING

View All

Related Properties

View All

Never Miss Anything Important!

Stay updated with latest property news:

News, Prices, Listings, Brokers, Index, Trends & Articles

We Don’t Like SPAM Either!
Advertisement Banner