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
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!
Supplements: ********
More Information MLS# 218040901
Location & Property Info
City (Mailing Addr): Newark
Corp LimitPerAuditor: None
Location of business is:: Owned
Office/Contract Info
For Sale: Yes
General Property Info
Business Description: Golf Course
Seller/Business Name: Burning Tree
Total Sq Ft: 15420
Acreage: 90.17
Tax Info
Mult Parcels/Sch Dis: Yes
Addl Parcel Numbers: 041-112016800.001
Taxes (Yrly): 14400
Parcel #: 041-120348-00.000
Tax Year: 2017
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: 1
Bus Financial Info
From: 2017-01-02
Through: 2017-12-31
Gross Sales: 0
Net Before Taxes: 0
Auction Info
Auction/Online Bidding Y/N: No
MLS Primary PhotoSrc
Print Without Photo: 1
Sale Info
Seller Assisted Fin: N
Seller/Buyer Concessions: N
Location Property Info
Original List Price: 1200000
Sold Price: $714,450
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
Status: Closed
MLS Entry Date: 2018-11-01
Status Change Info
Under Contract Date: 2021-03-23
Sold Date: 2021-03-23
Sold Price: $714,450
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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