$1,595,000
Available - For Sale
Listing ID: X12347945
202 Spectacle Lake Road , Madawaska Valley, K0J 1B0, Renfrew
| 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. |
| Price | $1,595,000 |
| Taxes: | $16722.00 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Vacant |
| Address: | 202 Spectacle Lake Road , Madawaska Valley, K0J 1B0, Renfrew |
| Postal Code: | K0J 1B0 |
| Province/State: | Renfrew |
| Directions/Cross Streets: | Hwy#60 and Spectacle Lake Rd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Accommodation |
| Use: | Hotel/Motel/Inn |
| Building Percentage: | T |
| Total Area: | 2.85 |
| Total Area Code: | Acres |
| Area Influences: | Greenbelt/Conse Major Highway |
| Approximatly Age: | 31-50 |
| Business/Building Name: | Spectacle Lake Lodge |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Employees #: | 8 |
| Seats: | 168 |
| Washrooms: | 0 |
| Outside Storage: | T |
| Heat Type: | Propane Gas |
| Central Air Conditioning: | Yes |
| Sewers: | Septic |
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At a Glance:
| Type: | Com - Investment |
| Area: | Renfrew |
| Municipality: | Madawaska Valley |
| Neighbourhood: | 570 - Madawaska Valley |
| Approximate Age: | 31-50 |
| Tax: | $16,722 |
| Fireplace: | N |
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