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Home ON Parry Sound District Unorganized Centre Parry Sound
7044 534 HIGHWAY
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7044 534 HIGHWAY $1,095,000
$1,095,000
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7044 534 HIGHWAY
Parry Sound Remote Area (Restoule), Ontario P0H1W0

MLS® Number: X12539880

Listing 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 (41638196)

Location Description

Cross Streets: HWY 534 AND Beaudry's Hill Rd. ** Directions: HWY 11 TO 522 TO 534 TO #7044 HWY 534.

Property Summary

Property Type
Business
Community Name
Restoule
Land Size
262.5 x 324.09 FT
Annual Property Taxes
$3,287.69
Time on REALTOR.ca
33 days

Building

Interior Features
Appliances Included
Furniture, Hood Fan, Window Coverings
Building Features
Rental Equipment
Water Heater, Propane Tank
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Baseboard heaters, Other

Measurements

Square Footage
6790 sqft

Land

Lot Features
Frontage
262 ft ,6 in
Land Depth
324 ft ,1 in
Other Property Information
Zoning Description
N/A
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RICHARD GAMBLING