7044 Hwy 534 , Restoule, ON P0H 2R0
Restoule, ON P0H 2R0
Description
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.
Details
| MLS# | 40626919 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 69 |
| Listing Provided By | Re/Max Crown Realty (1989) Inc. Brokerage, Restoule | Dawn Stripe |
Features
| SQ Feet | 7,317 |
|---|---|
| Garage | 1 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | unorganized |
| Acreage | 2.50 |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| Region | Parry Sound |
| City | Restoule |
| Postal Code | P0H 2R0 |
| Area | Unorganized Centre Parry Sound District |
| Subarea | Patterson |
| Community Name | Patterson |
| Listing VS Median (in Patterson) | |
Price: $1,095,000 low | high Med: $1,095,000 SqFt: 7,317 low | high Med: 7,317 $ / SqFt: $150 low | high Med: $150 On Site: 69 low | high Med: 69.000000 | |