892 Line 2 South, Shanty BayView Listing


LOADING

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

2242
Waterfront Acreage

$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; the current ownership increased revenues in 2019 by 35%. 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:21205)

Business

Business Type Accommodation, Recreation, Restaurant, Residential
Business Sub Type Cottage/Cabin Rental, Recreation, Restaurant, Residential

Property Details

MLS® Number TB211666
Property Type Other
Community Name Sioux Narrows
Water Front Name Regina Bay, Lake Of The Woods
Water Front Type Waterfront

Building

Size Interior 2242

Land

Acreage Yes
Size Frontage 361.0000
Size Total Text 3 - 10 Acres

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


GREG KIRBY
Broker

(807) 466-8266
https://www.gregkirby.ca
RE/MAX FIRST CHOICE REALTY LTD.
846 Macdonell St
Thunder Bay, Ontario P7B 5J1

(807) 344-5700
(807) 346-4037
WWW.REMAX-THUNDERBAY.COM

Interested?

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