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! 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:41202)
S11909233
MLSⓇ ID
March 1, 2025
Updated
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.
The trademarks MLS®, REALTOR®, and the associated logos are owned or controlled by The Canadian Real Estate Association. Used under license. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association
©2025 Canadian Real Estate Association. All rights reserved.