6,790 sqft
Fully Air Conditioned
Baseboard Heaters, Other
$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:62616)
Business
|
Business Type
|
Restaurant |
|
Business Sub Type
|
Bar/tavern |
|
Name
|
Bucks Lodge |
Property Details
|
MLS® Number
|
X12924728 |
|
Property Type
|
Business |
|
Community Name
|
Restoule |
|
Equipment Type
|
Water Heater, Propane Tank |
|
Features
|
Irregular Lot Size |
|
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 Sqft |
Parking
Land
|
Acreage
|
No |
|
Size Depth
|
324 Ft ,1 In |
|
Size Frontage
|
262 Ft ,6 In |
|
Size Irregular
|
262.55 X 324.09 Ft ; 193.63x262.55x201.79x324.09 |
|
Size Total Text
|
262.55 X 324.09 Ft ; 193.63x262.55x201.79x324.09 |
|
Zoning Description
|
N/a |
https://www.realtor.ca/real-estate/29520612/7044-hwy-534-highway-parry-sound-remote-area-restoule-restoule