7044 534 Highway
Parry Sound Remote Area, ON
- 6,790 sqft
- Investment
- 295 days on market
Turnkey Restaurant & Lodge Investment Opportunity. Exceptional opportunity featuring a licensed restaurant, bar, and lodge on 2.34 acres, offering steady commercial income and flexible accommodation revenue. Ideally located steps from Restoule Lake, snowmobile and walking trails, year-round recreation, and a public boat launch just 500 ft away. Close to shopping, amenities, and only 7 km from Restoule Provincial Park.The restaurant and bar are leased to a Master Chef through June 30, 2027, providing $2,500/month in rental income. Enjoy immediate cash flow while maintaining full control of four fully furnished lodge suites-perfect for short- or long-term rentals. Each suite includes a 4-pc bath and queen bed; three feature full kitchens and living areas, and one has a fridge and microwave. Guests have access to a shared commercial laundry with one washer and two dryers.The basement includes a full kitchen and two bathrooms, ideal for staff, storage, or future expansion. Since 2022, the owner has invested approximately $210,000 in renovations, keeping the property in excellent condition and a 15KW Generac Generator is included. Sale includes two adjoining parcels (sold together): PIN 522250078 - approx. 1.558 acres PIN 522250075 - approx. 0.778 acres
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Listing Details
- Taxes (2025)
- $3,288
- Listed
- November 13, 2025
Price History
Listing history
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Property
- Lot Size
- 262.5 x 324.09 Feet
Parking
- Garage
- Other
Location & Legal
- Cross Street
- HWY 534 AND Beaudry's Hill Rd
- Zoning
- N/A
- Parcel Number
- 522250078
- Possession
- 30-59 days
- Occupancy
- Tenant
Included
- 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 room15KW 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.
- Rental Items
- 3 propane tanks and 2 propane hot water tanks
Community
Postal area P0H
- Population
- 31,909
- Private dwellings
- 17,044
- Median age
- 50.8
- Average household size
- 2.4
- Median household income
- $80,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Parry Sound Remote Area · last 12 months
- Median sold price
- $413,750
- Homes sold
- 72
- Median days on market
- 50
- Sale-to-list price
- 93.4%
Based on 72 recorded sales of commercial properties in Parry Sound Remote Area over the last 12 months.
Listed by
HOMELIFE OPTIMUM REALTY
Walk Score
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Location
Street View
Commercial figures
- Building area
- 6,790 sq ft
- Price per sq ft
- $161.27
- Annual property tax
- $3,288
- Tax per sq ft
- $0.48
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
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Reita is an automated assistant, not a licensed real estate agent. This listing mentions Close to shopping, amenities, and only 7 km from Restoule Provincial Park.The restaurant and bar are leased to a Master Chef through June 30, 2027, providing $2,500/month in rental income.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?