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$5,000,000
Est. payment /mo
Active
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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