Active
424 PENETANGUISHENE ROAD
Springwater (Centre Vespra) Ontario, L4K4Y8
C$5,000,000
C$0.17 per sqft
Active
662.47 Acres
Land
Courtesy of RE/MAX WEST REALTY INC.
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! (id:41202)
S11909233
MLSⓇ ID
January 19, 2025
Updated
Map
424 PENETANGUISHENE ROAD
Springwater (Centre Vespra) Ontario, L4K4Y8
Exterior/Building Features
Lot Size
662.47 Acres
Sewer
Septic System
Other Property Details
Association Amenities
Highway, Recreation
Garage
No
View
No
Pool
No
Courtesy of RE/MAX WEST REALTY INC.
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