424 Penetanguishene Road, Springwater | Image 1

424 Penetanguishene Road

Springwater, Centre Vespra

  • Commercial

$5,000,000
For Sale

Added 2 months ago

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  • Type: Land

  • Property Type: Commercial

  • Business Type: Golf

  • Zoning: Recreational

  • Age: No Data

  • Taxes: 4500

  • MLS®#: S11909233

  • Days on Site: 53 Days

  • Added: Jan 06, 2025 (2 months ago)

  • Updated:

  • Last Checked: 1 week ago

  • Listed By: 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!

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
JK-8

Johnson Street Public School

Elementary: Public
2.54 km
JK-8

Codrington Public School

Elementary: Public
3.50 km
JK-8

St Monicas Separate School

Elementary: Catholic
2.62 km
JK-8

Steele Street Public School

Elementary: Public
2.85 km
JK-6

ÉÉC Frère-André

Elementary: Catholic
3.07 km
JK-8

Maple Grove Public School

Elementary: Public
3.11 km
9-12

Barrie Campus

Secondary: Public
4.88 km
9-12

Simcoe Alternative Secondary School

Secondary: Public
5.73 km
9-12

St Joseph's Separate School

Secondary: Catholic
3.17 km
9-12

Barrie North Collegiate Institute

Secondary: Public
4.13 km
9-12

St Peter's Secondary School

Secondary: Catholic
7.39 km
9-12

Eastview Secondary School

Secondary: Public
2.11 km