424 PENETANGUISHENE ROAD, Springwater, Ontario
$5,000,000
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! (id:23309)
- Listing ID: S11909233
- Property Type: Vacant Land
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Listing provided by RE/MAX WEST REALTY INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 424 PENETANGUISHENE ROAD in Barrie Ontario. It was last modified on January 6th, 2025. Contact Brad Sauve to schedule a viewing or to discover other Barrie properties for sale.