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MLS® X12539880
Parry Sound Remote Area, ON
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
Inclusions
Restaurant: (All outdoor furniture, window coverings,tables and chairs, all fixtures except commercial kitchen hood fan. Hotel: all appliance and furniture in the hotel and laundry room15KW Generac generator
Exclusions
Restaurant: Commercial hood fan (purchased by chef and can be negotiated with chef at end of lease), Commercial stove, dishwasher in commercial kitchen, ice-maker, barstools, TV in restaurant, POS system and all office equipment, Cups, utensils, plates.
Broker
HOMELIFE OPTIMUM REALTY
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Investment
7044 534 Highway Parry Sound Remote Area
Parry Sound Remote Area
Type
Investment
Parking
Other
Property Tax
~$3,288/yr
Heating
Baseboard
Buying Essentials
Square Feet
6790 sqft
Parking
Other
Finances
List Price
$1,095,000
Price per SQFT
$161/sqft
Property Tax
~$3,288/yr
Property Specs
Property Type
Investment
MLS Size
6790 sqft
Living & Amenities
Heating Type
Baseboard
Policies & Utilities
Neighbourhood
Parry Sound Remote Area
Listed On
Nov 13, 2025
Days on Market
Current: 358 days
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