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MLS® X12924728
Parry Sound Remote Area, ON
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 lodge offers a full service restaurant and 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.
Inclusions
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 room. 15KW 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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Sale Of Business
7044 Hwy 534 Highway Parry Sound Remote Area
Parry Sound Remote Area
Type
Sale Of Business
Parking
Other
Property Tax
~$3,288/yr
Heating
Baseboard
Buying Essentials
Square Feet
6790 sqft
Parking
Other
Finances
List Price
$1,075,000
Price per SQFT
$158/sqft
Property Tax
~$3,288/yr
Property Specs
Property Type
Sale Of Business
MLS Size
6790 sqft
Living & Amenities
Heating Type
Baseboard
Policies & Utilities
Neighbourhood
Parry Sound Remote Area
Listed On
Mar 26, 2026
Days on Market
Current: 226 days
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