4600 Ridgely Tract Road SE, Newark, OH 43056

$714,450
Property Type: Business Opportunity Lot Size (sq. ft.): 3,927,805 Status: Closed
Current Price: $714,450 List Date: 11/01/2018 Last Modified: 1/30/2025

Overview

Description

A great opportunity to invest in a well established 18 hole public golf course w/ almost 100 acres, 8 ponds! The clubhouse has a snack bar w/a beer & wine license, hot sandwiches, munchies & cold refreshments. It offers Virtual Golf w/3 golf simulator machines so golfers can enjoy a round of golf in any type of weather therefore producing income year round. There is a HUGE banquet room w/100+capacity with 2 offices. The cart barn converts into a shelter house. Clubhouse is on its own well & 4 more wells throughout Golf Course. Septic & water is tested regularly. Gas is available at the street & there are 2 heat pumps. In 1989 while digging a new pond for the course, a crew member discovered fossils of an extinct American Mastodon the most complete found of its size in history!

Listing Details MLS# 218040901

Location Property Info

Original List Price
1200000
Property Sub Type
Other
Street #
4600
Street Name
Ridgely Tract
Street Suffix
Road
Street PostDirection
SE
County
Licking
State
OH
Zip Code
43056
Subdiv/Cmplx/Comm
Burning Tree Golf Course
Township
Licking

OfficeContract Info

MLS Entry Date
2018-11-01

General Property Info

Business Description
Golf Course
Seller/Business Name
Burning Tree
Total Sq Ft
15420
Acreage
90.17

Tax Info

Parcel #
041-120348-00.000
Mult Parcels/Sch Dis
Yes
Addl Parcel Numbers
041-112016800.001
Tax Year
2017
Taxes (Yrly)
14400

Status Change Info

Under Contract Date
2021-03-23
Sold Date
2021-03-23

Bus Financial Info

From
2017-01-02
Through
2017-12-31
Gross Sales
0
Net Before Taxes
0

More Information

Auction Info

Auction/Online Bidding Y/N
No

Sale Info

Seller Assisted Fin
N
Seller/Buyer Concessions
N

Location & Property Info

City (Mailing Addr)
Newark
Corp LimitPerAuditor
None
Location of business is:
Owned

Office/Contract Info

For Sale
Yes

Remarks & Misc

Property Description
A great opportunity to invest in a well established 18 hole public golf course w/ almost 100 acres, 8 ponds! The clubhouse has a snack bar w/a beer & wine license, hot sandwiches, munchies & cold refreshments. It offers Virtual Golf w/3 golf simulator machines so golfers can enjoy a round of golf in any type of weather therefore producing income year round. There is a HUGE banquet room w/100+capacity with 2 offices. The cart barn converts into a shelter house. Clubhouse is on its own well & 4 more wells throughout Golf Course. Septic & water is tested regularly. Gas is available at the street & there are 2 heat pumps. In 1989 while digging a new pond for the course, a crew member discovered fossils of an extinct American Mastodon the most complete found of its size in history!

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

MLS Primary PhotoSrc

Print Without Photo
Yes

Property Features

Addl Acceptance Cond: None Known MLS Primary PhotoSrc: Print Without Photo
Listing Office: Parker Realty Associates
Listing Agent: Leisa K Davis
Last Updated: January - 30 - 2025
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