agent pic
424 Penetanguishene Road Image 1

$5,000,000

Jan 6Land For Sale
bedroomsbed
washrooms0bath
MLS - #S11909233

424 Penetanguishene Road, Springwater, ON L4K 4Y8

0
Similar Homes Found
$0
Average Price
500000000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Land

Lot size

N/A

Style

Approx. Area

N/A

About 424 Penetanguishene Road

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!

Home Overview

Last updated

4 days ago

Virtual tour

None

Basement information

Building size

53

Status

In-Active

Property sub type

Land

Maintenance fee

$N/A

Year built

--

Listed by RE/MAX WEST REALTY INC.

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

Map loading...
Walking Icon

Walk Score for 424 Penetanguishene Road

Some information about this property - Penetanguishene Road

Book a Showing

Find your dream home ✨

I agree to receive marketing and customer service calls and text messages from homepapa. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms of Service.

Similar Land in Middlesex Centre with bedrooms