$1,095,000 FOR SALE

Commercial/Retail

Lot: 263 x 440 ft

7044 Hwy 534
Restoule, ON P0H 2R0

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. (id:47423)

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Listed By Re/Max Crown Realty (1989) Inc. Brokerage, Restoule
Data Provided By The Lakelands Association of REALTORS®
MLS® Listing Number 40626919
Last Updated Jul 30, 2024
Property Summary
Property Type Commercial/Retail

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Subdivision Patterson
Price History
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Detailed Information
Lot 263 x 440 ft
Equipment Propane Tank
Listing Contract Date 2024-07-30
Location Description Hwy 11 to Hwy 534 from Powassan into Restoule to #7044
Ownership Type Freehold
Property Type Hospitality
Rental Equipment Propane Tank
Transaction Type For sale
Zoning Description unorganized
Business
Name Buck's Lodge
Building
Basement Type Full
Fire Protection Alarm system
Stories Total 1
Size (Exterior) 7317
Utility Water Well
Parking Spaces
Name Spaces
Detached Garage
Land
Total Size 2.5 acres
Access Type Road access, Highway access
Acreage Yes
Sewer Septic System
Size of Irregular Land 2.5

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