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$5,000,000
Available - For Sale
Listing ID: S11909233
Location, Location, Location! Situated at the gateway to the north, this 53-acre property backs onto the Hwy 400 merge/split and fronts Hwy 93, offering unbeatable exposure. Just 500m from Georgian Drive, with quick access to RVH & Georgian College, this property is primed for success. An incredible investment opportunity for development or the perfect place to relocate your business, this property has the potential for over $1 million in sales from five core businesses, operating successfully for 25+ years. Revenue streams include a 9-hole golf course with pristine greens and stunning views, a 9000 sq. ft. clubhouse with turf garages, a practice driving range, a modern bistro restaurant, a grand ballroom and seasonal venue room, and four fully furnished rental suites that can generate over $4,000 in monthly revenue. Beyond its current operations, the property offers exciting development potential with 10 acres for expansion. The current zoning also allows the clubhouse expansion of a hotel with 40+ rooms for accommodation. With the City of Barrie expanding its boundaries, this property is poised to fall within city limits, unlocking unparalleled future growth potential. The current owner is retiring and willing to provide training. Don't miss this rare opportunity to own a prime piece of land with unlimited potential!
Price $5,000,000
Taxes: $4,500
Tax Type: Annual
Occupancy by: Tenant
Address: 424 Penetanguishene Rd , Springwater, L4K 4Y8, Ontario
Postal Code: L4K 4Y8
Province/State: Ontario
Legal Description: PT LT 7 CON 1 VESPRA PT 1 51R27315 ; SPR
Lot Size: 662.47 x 1,432.19 (Acres)
Directions/Cross Streets: Hwy #400 To Hwy #93 South
Zoning: Recreational
Category: Designated
Use: Golf
Building Percentage: Y
Total Area: 53
Total Area Code:  Acres
Area Influences: Major Highway   Rec Centre
Business/Building Name: Landings of Willow Creek
LLBO: Y
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Sewers: Septic
Water: Well
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RE/MAX WEST REALTY INC.

424 Penetanguishene Rd , Springwater, L4K 4Y8, Ontario

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
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416-981-7184

 
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Type: Com - Land
Area: Simcoe
Municipality: Springwater
Neighbourhood: Centre Vespra
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Lot Size: 662.47 x 1432.19(Acres)
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Tax: $4,500
Maintenance Fee: $0
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