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$ 4,900,000
Est. payment /mo
Active
560 AVONDALE Road Vernon River, C0A2E0
3,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $1,633
Subdivision Vernon River
MLS® Listing ID 202421239
Originating Board Prince Edward Island Real Estate Association
Year Built 2002
Lot Size 550.000 Acres
Acres 2.3958E7
Property Sub-Type Freehold
Property Description
Secure a unique opportunity with Avondale Golf Course, a profitable, championship caliber course boasting an impressive CAP rate could see you earning back your investment in under 8 years. Nestled on 170 acres, this premier golf destination has hosted national events like the PEI Open in 2022 and 2023. As a bonus, this turn-key investment includes an additional 380 acres, amazing potential for single family homes, cottages, condominiums, and commercial ventures, this property offers endless possibilities. Located just 15 minutes from Stratford, Avondale is ideally positioned to attract high-end buyers and investors, offering a serene lifestyle surrounded by breathtaking surroundings: Avondale Golf Course means not only securing a thriving business but also gaining access to vast development potential in one of PEI's most desirable areas. Don?t miss your chance to capitalize on this rare opportunity. (id:24570)
Interior
Flooring Other
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Private Pool No
Building
Story 3
Others
Ownership Freehold
Listed by EXIT REALTY PEI