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

Listed for:
$695,000
3 beds
1 baths
Listed 224 days ago
5760 A & B Hwy 71, Sioux Narrows, Ontario P0X 1N0

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Listing provided by:
RE/MAX FIRST CHOICE REALTY LTD.
MLS® number:
TB211399
Agent:
Greg Kirby
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About

Southeast corner of the Sioux Narrows bridge. 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:27476)

Property Highlights

Type
Cooling type
Heating fuel
Oil
Fireplace
No
Construction material
Hardboard
Parking space
Ownership Type
Amenities nearby

Location

Summary

Big John's Bar & Grill is a well-known establishment situated on the shores of Regina Bay, within the scenic surroundings of Lake of the Woods in Sioux Narrows. The property spans 3.92 acres and boasts a partially landscaped terrain adorned with mature white pines, rugged rock outcrops, and an impressive 361 feet of rock shoreline.

Offering multiple income streams, this property includes a seasonal restaurant and bar, a year-round home, two seasonal cabins, and two trailer sites, presenting an excellent opportunity for potential growth. The main improvements on the property consist of a 1,100 square foot year-round bungalow with 2/3 bedrooms, a 4-piece bath, kitchen, dining room, living room, and main floor laundry.

Additionally, there is a 2,242 square foot seasonal restaurant featuring a dining room, commercial kitchen, office, and washrooms. Ongoing upgrades to the restaurant include the addition of a take-out window, a soft-serve ice cream dispenser, and renovations to the lower level. The property also includes a 624 square foot rental cabin with an eat-in kitchen, living room, 2 bedrooms, and a 3-piece bath, as well as a lakeside 336 square foot rental cabin currently undergoing renovations.

Other amenities on the property include an 8' x 22' waterside shed with electricity for storage or kayak and paddleboard rentals, two trailer sites with electricity, water, and septic hook-ups, and various services such as hydro, heating oil, propane, a lake-drawn water system, septic system, land-line telephone, internet, and cellular service. The property is zoned for General Commercial use, allowing for multiple permitted uses.

With 2021 property taxes amounting to $3,200.00 and a 13% HST applying to the purchase, as well as Ontario land transfer tax, this property is a lucrative investment opportunity. Viewings are available by appointment with a minimum 24-hour notice required.

For sale, this property offers a land size of 3 - 10 acres and is located at 5760 A & B HWY 71 in Sioux Narrows, Ontario, with a postal code of P0X1N0. The property features a total of 1 bathroom, 3 bedrooms above ground, and a total of 3 bedrooms. The architectural style is a bungalow, with a detached building construction style and hardboard exterior finish. Heating is provided by forced air using oil as the heating fuel, and the property consists of 1.00 stories.

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