424 Penetanguishene Road, Springwater | Image 1

424 Penetanguishene Road

Springwater, Centre Vespra

  • Commercial

$5,000,000
For Sale

Added 1 week ago

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  • Type: Land

  • Property Type: Commercial

  • Business Type: Golf

  • Zoning: Recreational

  • Age: No Data

  • Taxes: 4500

  • MLS®#: S11909233

  • Added: Jan 06, 2025 (1 week ago)

  • Updated:

  • Last Checked: 10 hours ago

  • Listed By: 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, the current core businesses, with over 25 years of operation, include a 9-hole golf course, spanning 53 scenic acres. The property features a 9000 Sq Ft clubhouse with a turf garage, pristine greens, stunning views, a practice driving range, and a modern bistro restaurant. This remarkable property offers a grand ballroom, a seasonal venue room, and 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!

Property

  • Status: Sale

  • Type: Golf

  • Property Type: Land

  • Property Type: Designated

  • Area: Springwater

  • Community: Centre Vespra

  • Availability Date: TBA

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Well

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 7 CON 1 VESPRA PT 1 51R27315 ; SPRINGWATER

  • Taxes: $4,500

  • Taxes Type: Annual

Land

  • Cross Street: Hwy #400 To Hwy #93

  • Municipality District: Springwater

  • Sewer: Septic

  • Lot Depth: 1432.19 Acres

  • Lot Frontage: 662.47 Acres

  • Zoning: Recreational

Commercial Specific

  • Total Area: 53

  • Total Area Metric: Acres

  • Area Influence: Major Highway

  • Area Influence: Rec Centre

  • Lot Code: Lot

  • Business/Building Name: Landings of Willow Creek

  • LLBO: Y

Map of 424 Penetanguishene Road, Springwater
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