Springwater, ON L4K 4Y8,424 Penetanguishene RD
Springwater, ON L4K 4Y8,424 Penetanguishene RD
Springwater, ON L4K 4Y8,424 Penetanguishene RD
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$5,000,000
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424 Penetanguishene RD Springwater, ON L4K 4Y8

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Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Centre Vespra

MLS Listing ID S11909233

Annual Tax Amount $4,500

Tax Year 2024

Property Sub-Type Land

Lot Depth 1432.19

Lot Front 662.47

Property Description

Location, Location, Location! Welcome to the City of Barrie, Jan 1st 2026 province has approved the city expansion boundary. 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. 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!

Location

Province ON

County Simcoe

Area Simcoe

Interior

Cooling Yes

Exterior

Community Features Major Highway, Recreation/Community Centre

Utilities Available Yes

Lot Frontage 662.47

Lot Depth 1432.19

Others

ParcelsYN No


Listed by RE/MAX WEST REALTY INC.

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Kenneth Yim

Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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424 Penetanguishene RD

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