6
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$5,000,000
Est. payment /mo
53 SqFt
Active
424 Penetanguishene RD Springwater, ON L4K 4Y8
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UPDATED:
02/21/2025 07:22 PM
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.