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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
Community Restoule
Area Parry Sound
Interior
Cooling Yes
Exterior
Lot Frontage 262.55
Lot Depth 324.09
Others
ParcelsYN No
Listed by HOMELIFE OPTIMUM REALTY