$4,900,000 FOR SALE

Commercial/Retail

560 Avondale Road
Vernon River, PE C0A 2E0

This is the Best Value Golf Course on PEI! Welcome to Avondale Golf Course, a unique opportunity, for investors interested in developing mixed residential communities within the 380 acres surrounding the 170 acre golf course, 15 minutes from Stratford. The course's picturesque location and established reputation make it an ideal location for high-end residential communities that cater to golf enthusiasts and those seeking a peaceful, luxurious lifestyle. One potential development opportunity is to construct a range of luxury condominiums throughout the property, offering spectacular views of the golf course and the surrounding countryside. Another option is to develop mixed residential communities, including single-family homes, townhouses, and condos. These communities could be designed to integrate seamlessly with the natural landscape, offering residents a peaceful and serene living experience. Additionally, the communities could feature a range of amenities such as community centers, parks, and walking trails, providing residents with a range of recreational options, and commercial businesses along the 500 meters of frontage on Highway 3. Entire golf course business (currently generating over $1 million in revenue annually), including $1.4 million in equipment, 3000sqft pro shop, and 5000sqft garage to be included in this rare and unique offering. This is a rare opportunity. With its stunning location and established reputation, Avondale is an ideal location for investors looking to capitalize on the growing demand for high-end residential properties. (id:47423)

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Listed By EXIT REALTY PEI
Data Provided By Prince Edward Island Real Estate Association
MLS® Listing Number 202304139
Last Updated Mar 28, 2024
Property Summary
Property Type Commercial/Retail

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Community Vernon River
Price History
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Detailed Information
Amenities Nearby Highway, Public Transit
Community Features High Traffic Area
Listing Contract Date 2023-03-16
Municipal ID 696674, 882316, 173179,
Ownership Type Freehold
Property Type Other
Transaction Type For sale
Zoning Description Rural
Building
Constructed Date 2002
Construction Material Concrete Walls, Wood frame
Fire Protection Monitored Alarm, Smoke Detectors
Flooring Type Other
Stories Total 3
Total Finished Area 3000 sqft
Utility Water Drilled Well
Parking Spaces
Name Spaces
Parking Space(s)
Paved Yard
Land
Total Size 550 +/- | 100+ acres
Access Type Highway access
Acreage Yes
Amenities Highway, Public Transit
Disposition Features Cleared
Size of Irregular Land 550 +/-

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