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$ 1,595,000
Est. payment | /mo
2 SqFt
$ 1,595,000
Est. payment | /mo
2 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2 sqft
Price per Sqft $797,500
Subdivision 570 - Madawaska Valley
MLS Listing ID X12347945
Building Age 31-50
Annual Tax Amount $16,722
Tax Year 2024
Property Sub-Type Investment
Property Description
A Rare Four-Season Opportunity on Spectacle Lake This beautiful, well-established resort offers the perfect blend of natural beauty, recreational amenities, and income potential. Featuring 9 charming waterfront cottages, 6 comfortable main lodge rooms, and a spacious owners suite with panoramic lake views, the property is designed for both hospitality and lifestyle.The licensed restaurant and bar seats 120 indoors, with an additional 48 guests accommodated on the lakefront patio ideal for weddings, events, and year-round dining. A modern, fully equipped commercial kitchen ensures smooth operations and supports future growth in both on-site and catered service.Set on over 700 feet of pristine lakefront with a soft sandy beach, the resort also offers direct access to 50 km of scenic trails for hiking, biking, snowmobiling, and cross-country skiing. Guests can enjoy swimming, fishing, paddling, and spectacular sunsets right from the shore.This property is not only a thriving hospitality business but also an exciting growth and redevelopment opportunity whether expanding operations, enhancing event offerings, or transforming it into an exclusive private retreat or family compound.Located within easy reach of major highways and regional attractions, this turnkey operation is ready for its next chapter under visionary new ownership.
Location
Province ON
County Renfrew
Community 570 - Madawaska Valley
Area Renfrew
Zoning C4-2 Tourist Commercial
Interior
Cooling Yes
Inclusions Full Chattel List available.
Exterior
Parking Features Other
Community Features Greenbelt/Conservation, Major Highway
Utilities Available Yes
Building
Lot Description Lot
Lited by EXP REALTY
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