28
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$1,095,000
Est. payment /mo
Active
7044 Hwy 534 HWY Parry Sound Remote Area, ON P0H 1W0
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Restoule
MLS Listing ID X12539886
Annual Tax Amount $3,287
Tax Year 2025
Property Sub-Type Sale Of Business
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)
Location
Province ON
County Parry Sound
Area Parry Sound
Interior
Cooling Yes
Exterior
Lot Frontage 262.55
Lot Depth 324.09
Others
ParcelsYN No
Virtual Tour https://youtu.be/tr90edtZ0Oo
Listed by HOMELIFE OPTIMUM REALTY
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