5760 A & B Hwy 71 Sioux Narrows, Ontario P0X 1N0

$695,000

Year round home; Two seasonal cabins; Restaurant & Bar; Heated shop, docking. Big John's Bar & Grill is an iconic establishment located on the shore of Regina Bay, Lake of the Woods in Sioux Narrows. This beautiful 3.92 acre site is partially landscaped and features mature white pines, rugged rock outcrops and 361 feet of rock shoreline. This property offers several income streams including the seasonal restaurant and bar, a year round home, two seasonal cabins and two trailer sites. There is excellent potential for growth. Improvements include;1,100 s/f year round bungalow featuring 2/3 bedrooms, 4-pce bath, kitchen, dining room, living room and main floor laundry. 2,242 s/f seasonal restaurant with dining room, commercial kitchen, office and washrooms. The restaurant is currently undergoing upgrades to include a take-out window, soft serve ice cream dispenser and lower level renovations. 624 s/f rental cabin features an eat-in kitchen, living room, 2 bedrooms and a 3-pce bath. Lakeside 336 s/f rental cabin undergoing renovations and will feature an open kitchen, living room and bedroom. 8' x 22' waterside shed with electricity may be used for storage and/or kayak and paddleboard rentals. Two trailer sites feature electricity, water and septic hook-ups. Services on the property include hydro, heating oil for the residence, propane for the commercial kitchen, lake-drawn water system, septic system, land-line telephone, internet and cellular service. Zoned General Commercial; multiple uses permitted. 2021 property taxes; $3,200.00 13% HST applies to the purchase. Ontario land transfer tax applies. Appointments to view require a minimum 24-hours notice please. (id:50886)

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https://www.realtor.ca/real-estate/23342985/5760-a-b-hwy-71-sioux-narrows-sioux-narrows