Excellent Development and Investment Opportunity! This 39.6-acre property is located within the City of Barrie boundaries and features commercial zoning, with a designation for future residential/commercial development.The property offers excellent access to Highways 400 and 11 via the Penetanguishene Road/County Road 93 interchange.Currently operating as a successful winery and event venue, the property features extensive existing infrastructure, including a 3,200 sq. ft. winery production facility, retail store with walk-in coolers, established vineyard, large climate-controlled event venue, outdoor ceremony areas, gazebos, and parking for approximately 160 vehicles.Also situated on the property is a charming 1,900 sq. ft., three-bedroom farmhouse, currently used for event guest accommodations, with potential for short- or long-term rental income.The existing business may be willing to lease back the premises, or a buyer may have the opportunity to take over operations.An exceptional opportunity to generate income from an established commercial property while positioning for future development! (id:4555)
PROPERTY SPECS
Price $6,700,000
City Barrie, Ontario
Address 421 PENETANGUISHENE Road
Listing ID S14154722
Land Size 39.6
Type Vacant Land
Status For Sale
Listing Brokerage: ED LOWE LIMITED
EXTENDED FEATURES
OwnershipFreeholdHeating / CoolingForced air, Natural gasSewerSeptic System