Springwater, ON L4K 4Y8,424 Penetanguishene RD
Springwater, ON L4K 4Y8,424 Penetanguishene RD
Springwater, ON L4K 4Y8,424 Penetanguishene RD
Springwater, ON L4K 4Y8,424 Penetanguishene RD
Springwater, ON L4K 4Y8,424 Penetanguishene RD
Springwater, ON L4K 4Y8,424 Penetanguishene RD
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$ 5,000,000
Est. payment | /mo

53 SqFt


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$ 5,000,000
Est. payment | /mo
Save

53 SqFt

Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 53 sqft

Price per Sqft $94,339

Subdivision Centre Vespra

MLS Listing ID S11909233

Annual Tax Amount $4,500

Tax Year 2024

Property Sub-Type Land

Property 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 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 clubhouse has the ability to add two more storeys, creating 40+ additional accommodation rooms. 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!

Location

Province ON

County Simcoe

Community Centre Vespra

Area Simcoe

Interior

Cooling Yes

Exterior

Community Features Major Highway, Recreation/Community Centre

Utilities Available Yes

Lot Frontage 662.47

Lot Depth 1432.19

Listed by RE/MAX WEST REALTY INC.
advisor-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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424 Penetanguishene RD