424 Penetanguishene RD new Save Request In-Person Tour Request Virtual Tour
Springwater,ON L4K 4Y8
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 53 sqft
Price per Sqft $94,339
MLS Listing ID S11909233
Annual Tax Amount $4,500
Tax Year 2024
Property Description
Location, Location, Location! This 53-Acre property on the edge of Barrie backing on to Hwy 400 & fronting on Hwy 93, offers a prime investment opportunity &/or the perfect location to move your business. With the potential of over $1 million in sales, the current core businesses, with over 25 years of operation, include a 9-hole golf course, spanning 53 scenic acres. The property features a 9000 Sq Ft clubhouse with a turf garage, pristine greens, stunning views, a practice driving range, and a modern bistro restaurant. This remarkable property offers a grand ballroom, a seasonal venue room, and four fully furnished rental suites, with the potential to generate over $4,000 in monthly revenue. With exciting development potential, this property includes 10 acres for expansion, an 8-acre driving range, and the opportunity to add two more storeys with 40+ accommodation rooms to the clubhouse. The City of Barrie is currently expanding its boundaries, and under the current proposal, this property will soon be within city limits offering unparalleled future growth potential. Located just 500m from Georgian Drive and with close access to RVH, Georgian College, and Hwy 400, this property is perfectly positioned for success. The current owner is retiring and willing to provide training. Don't miss out on this rare opportunity to secure a prime piece of land with unlimited potential!
Location
Province ON
County Simcoe
Community Centre Vespra
Area Simcoe
Region Centre Vespra
City Region Centre Vespra
Interior
Cooling Yes
Exterior
Community Features Major Highway,Recreation/Community Centre
Utilities Available Yes
Lot Depth 1432.19