7044 534 HIGHWAY Parry Sound

7044 534 HIGHWAY, Parry Sound , Ontario

$1,075,000

  • 6,790 Square Feet

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:23309)

  • Listing ID: X12924100
  • Property Type: Business

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Details

  • Equipment: Water Heater, Propane Tank
  • Rental Equipment: Water Heater, Propane Tank
  • Transaction: For sale
  • Zoning Description: N/A

Building

  • Appliances: Furniture, Hood Fan, Window Coverings
  • Cooling: Fully air conditioned
  • Fireplace Present: False
  • Heating: Baseboard heaters, Other
  • Size Interior: 6790 sqft

Land

  • Size Frontage: 262 ft ,6 in
  • Size Irregular: 262.5 x 324.09 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 7044 534 HIGHWAY in Parry Sound Ontario. It was last modified on March 26th, 2026. Contact Tom Linkletter to schedule a viewing or to discover other Parry Sound real estate for sale.

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