424 PENETANGUISHENE ROAD Active Save Request In-Person Tour Request Virtual Tour
Springwater (centre Vespra),ON L4K4Y8
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 53 sqft
Price per Sqft $94,339
Subdivision Centre Vespra
MLS Listing ID S11909233
Originating Board Toronto Regional Real Estate Board
Lot Size 662.470 Acres
Acres 2.8857194E7
Property Description
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 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 clubhouse has the ability to add two more storeys, creating 40+ additional accommodation rooms. 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:24570)
Location
Province ON
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Septic System