Springwater (centre Vespra), ON L4K4Y8,424 PENETANGUISHENE ROAD
Springwater (centre Vespra), ON L4K4Y8,424 PENETANGUISHENE ROAD
Springwater (centre Vespra), ON L4K4Y8,424 PENETANGUISHENE ROAD
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$5,000,000
Est. payment /mo
53 SqFt
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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


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424 PENETANGUISHENE ROAD