7044 534 Highway Parry Sound Remote Area, Ontario P0H 1W0

$1,075,000

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:55460)

Property Details

MLS® Number	X12924100
Property Type	Business
Community Name	Restoule
Equipment Type	Water Heater, Propane Tank
Rental Equipment Type	Water Heater, Propane Tank

Building

Appliances	Furniture, Hood Fan, Window Coverings
Cooling Type	Fully Air Conditioned
Heating Type	Baseboard Heaters, Other
Size Interior	6,790 Ft2

Parking

Other

Land

Acreage	No
Size Depth	324 Ft ,1 In
Size Frontage	262 Ft ,6 In
Size Irregular	262.5 X 324.09 Ft
Size Total Text	262.5 X 324.09 Ft
Zoning Description	N/a

https://www.realtor.ca/real-estate/29519987/7044-534-highway-parry-sound-remote-area-restoule-restoule