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CAONSpringwater (Centre Vespra)424 Penetanguishene Road
424 Penetanguishene Road, Home with 0 bedrooms, 0 bathrooms and null parking in Springwater (Centre Vespra) ON | Image 1
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$5,000,000
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424 Penetanguishene Road, Springwater (Centre Vespra), ON

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Land
Size 53 sqft
Garage No
Taxes $4,500
Days Active 186
Lot Size 
Approx. Age 
Avg. Price Per Sqft $94,339
MLS® Number S11909233

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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! (id:58753)Show Description
MLS® NumberS11909233
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
HeatNatural gas, Other
A/CFully air conditioned
Heating Fuel

Extras

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