424 Penetanguishene Road, Springwater, Ontario L4K 4Y8

Listed for:
$5,000,000
0 beds
0 baths
Listed 85 days ago
424 Penetanguishene Road, Springwater, Ontario L4K 4Y8

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Learn more about this property
Listing provided by:
RE/MAX WEST REALTY INC.
MLS® number:
S11909233
Agent:
Maahum Ahmad
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About

Hwy #400 To Hwy #93 South 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:27476)

Property Highlights

MLS® Number
S11909233
Type
Vacant Land
Community Name
Centre Vespra
Land Size
662.47 ac

Building

Square Footage
53 ac
Amenities
Highway, Recreation
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Other
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Utility Sewer
Septic System

Location