424 Penetanguishene Road , Springwater, ON L4K 4Y8
Springwater, ON L4K 4Y8
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, with 5 current core businesses, with over 25 years of operation, revenues from a 9-hole golf course, a 9000 Sq Ft clubhouse with a turf garages, pristine greens, stunning views, revenues also from practice driving range, a modern bistro restaurant, a remarkable grand ballroom, a seasonal venue room & with 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!
Details
| MLS# | S11909233 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 15 |
| Listing Provided By | RE/MAX WEST REALTY INC. | Not Provided |
Features
| SQ Feet | 2,308,680 |
|---|---|
| Acreage | 53.00 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Simcoe |
| City | Springwater |
| Zip Code | L4K 4Y8 |
| Area | Centre Vespra |
| Listing VS Median (in L4K 4Y8) | |
Price: $5,000,000 low | high Med: $5,000,000 SqFt: 2,308,680 low | high Med: 2,308,680 $ / SqFt: $2 low | high Med: $2 On Site: 15 low | high Med: 15.000000 | |