424 Penetanguishene Rd - MLS® # S11909233

$5,000,000

Property Details


Living Area
0 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
N/A
Taxes
4500.0
Type
.V.
Style
N/A
Basement
Year Built
N/A

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!

Listing Provided By

RE/MAX WEST REALTY INC.

Neighborhood Info

This website may only be used by consumers that have an interest in the purchase, sale, or lease real estate of the type being offered via the website. The data is deemed reliable but is not guaranteed accurate by TREB.

Send us your questions about this property and we'll get back to you right away.

Send this to a friend, or email this to yourself

CONTACT

  • Name:
    Lance Chilton
  • Phone:
    705-739-0058
  • Mobile:
    705-795-5167
  • Address
    • 152 Bayfield Street
    • Barrie, ON
    • L4M 1H2