$1,095,000
Available - For Sale
Listing ID: X12539880
7044 534 Highway , Parry Sound Remote Area, P0H 1W0, Parry Sound
| 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 |
| Price | $1,095,000 |
| Taxes: | $3287.69 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 7044 534 Highway , Parry Sound Remote Area, P0H 1W0, Parry Sound |
| Postal Code: | P0H 1W0 |
| Province/State: | Parry Sound |
| Directions/Cross Streets: | HWY 534 AND Beaudry's Hill Rd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Accommodation |
| Building Percentage: | T |
| Total Area: | 6790.00 |
| Total Area Code: | Square Feet |
| Days Open: | O |
| Hours Open: | Closed |
| Employees #: | 0 |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Yes |
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| HOMELIFE OPTIMUM REALTY |
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Hala Elkilany
Sales Representative
Dir:
647-502-2121
Bus:
905-731-2000
Fax:
905-886-7556
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Parry Sound |
| Municipality: | Parry Sound Remote Area |
| Neighbourhood: | Restoule |
| Tax: | $3,287.69 |
| Fireplace: | N |
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