424 Penetanguishene Rd
Springwater, L4K4Y8
For Sale
$5,000,000

➧
➧
Designated
CATEGORY53.0 Acres
TOTAL AREAS11909233
MLSIDContact Us
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 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!
Call
Property Details
Category
Designated
Usage
Golf
Zoning
Recreational
Total Area
53.0 Acres
Lot Size
662' x 1,432'
Taxes
$4,500 (2024)
Air Conditioning
Yes
Call
Listing contracted with Re/Max West Realty Inc.
Similar Listings
App. 80 acre property on the South border of the Town of Elmvale. Municipal services very close to the site. Frontage on Hwy 27 South and frontage on Springwater Twp. Concession 8. The Wye River flows through the property. Residential subdivisions and Commercial development adjacent to the property. Property contains a frame structure which is operating as a year round Boat repair business. This portion of the property is zoned CH-13 (Commercial Highway) and allows for the building of a house. App 47 acres cleared and app. 35 acres forested.
Call
Call