$4,900,000
FOR SALE

Commercial/Retail

560 Avondale Road
Vernon River, PE C0A 2E0

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:47421)
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Listed By EXIT REALTY PEI
Data Provided By Prince Edward Island Real Estate Association
MLS® Listing Number 202421239
Last Updated Sep 24, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Use Recreational
Community Vernon River
Price History

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Detailed Information
Amenities Nearby Highway, Public Transit
Community Features High Traffic Area
Listing Contract Date 2024-09-01
Municipal ID 696674, 882316, 173179,
Ownership Type Freehold
Property Type Other
Transaction Type For sale
Zoning Description Rural
Business
Business Type Recreation
Business Subtype Recreation
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 acres
Access Type Highway access
Acreage Yes
Amenities Highway, Public Transit
Disposition Features Cleared
Size of Irregular Land 550

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