7044 Hwy 534

Restoule, ON

MLS® 40626919

For sale
$1,095,000

Great Investment Opportunity. Turnkey hands off investment of a fully leased cottage country restaurant and motel with a thriving established business. Located in the heart of the Restoule Community this 4 season business is situated within walking distance of Government Boat Launch and only a few minutes from renown Restoule Provincial Park plus it is located on the OFSC trail system where sledders can book a room and get a great meal. In addition to the fully equipped restaurant there are 4 fully equipped rental suites, 3 with kitchenettes especially handy for longer term rentals and hunting groups. Downstairs enjoys a huge open space formally a bar area but currently being used as a residence for the leaseholders plus extra-large full height storage area beneath the restaurant. There is room for expansion on this 2 ½ acre property with older garage and second entrance and parking area for rental guests. All this plus located in unincorporated township allowing for easy renovation or expansion plans plus very low taxes. Call for your personal tour and see why this investment makes sense for the savvy investor looking to capitalize on this Cottage Country Gem. Seller will consider VTB.
Property Details
Property Type
Commercial
Rental Equipment Type
Propane Tank
Road Type
Paved
Community Features
Irregular Lot
Ample Parking
City Lot
Highway Access
Building
Basement Type
Full
Building Type
Hospitality
Commercial
Security Features
Alarm System
Sewer
Septic Tank
Stories
1
Water Source
Well
Land
Lot Depth
440 ft
Lot Front
262.55 ft
Lot Size Area
2.5
Acres
2-4.99 Acres
Zoning
unorganized
Walk Score
RE/MAX Crown Realty (1989) Inc. Brokerage, Callander
RE/MAX Crown Realty (1989) Inc. Brokerage, Callander

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Listing ID: 152539164
Last Updated: 2024-09-26 16:17:18