Address
7044 HWY 534 Restoule, ON
Price
$ 799,900
Property Attributes
  • ID#40056275
  • TypeSingle Family
  • CityRestoule
  • Postal CodeP0H 1W0
  • Style
  • Price$ 799,900
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Tom Williams with RE/MAX Legend Real Estate Inc., Brokerage (144)
Data Source:
RLP - CREA EN
Property Description

Located on approximately 3 acres, this amazing 4 season, licensed turnkey operation, is ready to pass along to new owners, as the current owners are ready to retire after 17 years of running this successful business. Although 2020 with Covid was challenging for all, this business still thrived with an increase in net profits, showing great stability. Located in the village of Restoule between Commanda Lake and Restoule Lake on route to Restoule Provincial Park. This restaurant/motel lodge shouldn't be passed by given its strategic location and being the only restaurant and ice cream parlour in town! The restaurant offers seating for 65 with 50 seats on the patio and a flexible lower level with seating for 90 which can be used for a bar, banquet or future development. The lodge offers 4 remodelled suites with kitchens for highly, weekly or long term stays or owners living quarters which offers an affordable live-in opportunity. Hunters spring & fall, summer cottages, campers, tourists and OFSC snowmobiling offers options for added income.Township is unorganized as well. Great opportunity with a possible vendor take back for an appropriate qualified buyer. (id:27)

General Features

Parking Spaces 20

Exterior Features

Lot Frontage 263.0
Jumpid 15080159
Mls 40056275

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in P0H 1W0

Price
AVG $520K
$800K
Visits
AVG 48
98