901 E High Street, Mount Gilead, OH 43338
$1,250,000
Property Type:
Commercial
Square Footage:
5,610
Lot Size (sq. ft.):
6,534,000
Status:
Closed
Current Price:
$1,250,000
List Date:
10/01/2018
Last Modified:
1/29/2025
Description
Pine Lakes Golf Course is a 150+ acre golf course that is located off of I-71 and SR95 across from the Mount Gilead State Park. Class 5 Liquor License in the pro shop along with a fully functional kitchen and banquet area. Over $1 Million done in renovations to the 5,610 SF clubhouse completed in 2008. 1,809 SF house on ground. Great opportunity for a restaurant. 12,200 SF maintenance/storage building along with a 7,200 SF barn. Includes a 1800 SF house on property. City water and sewer is on site. Priced well below the replacement costs and turnkey. Golf course, restaurant, banquet facility, and development opportunities with amount of land and the fully functional kitchen. Growing in sales each year. Rare chance to own a golf course. Asking price of $1,375,00 with all FF&E and inventory
Supplements: ********
More Information MLS# 218037064
Location & Property Info
List Price/SqFt: 245.1
City (Mailing Addr): Mount Gilead
Corp LimitPerAuditor: Mt Gilead
Office/Contract Info
For Sale: Yes
Exchange: No
For Lease: No
Lease Rate $/Sq Ft: 0
General Property Info
Previous Use: Golf Course
Total SqFt Available: 5610
Bldg Sq Ft: 5610
Max Cont Sqft Avail: 25000
Minimum Sqft Avail: 5610
# of Docks: 0
Use Code: 463 - GOLF COURSE
# of Floors Above Gr: 1
Acreage: 150
Tax Info
Tax Abatement: No
Taxes (Yrly): 14951
Parcel #: G20-031-00-360-01
Tax Year: 2017
Remarks & Misc
Property Description: Pine Lakes Golf Course is a 150+ acre golf course that is located off of I-71 and SR95 across from the Mount Gilead State Park. Class 5 Liquor License in the pro shop along with a fully functional kitchen and banquet area. Over $1 Million done in renovations to the 5,610 SF clubhouse completed in 2008. 1,809 SF house on ground. Great opportunity for a restaurant. 12,200 SF maintenance/storage building along with a 7,200 SF barn. Includes a 1800 SF house on property. City water and sewer is on site. Priced well below the replacement costs and turnkey. Golf course, restaurant, banquet facility, and development opportunities with amount of land and the fully functional kitchen. Growing in sales each year. Rare chance to own a golf course. Asking price of $1,375,00 with all FF&E and inventory
Status Change Info
Sold Price/SqFt: 222.82
Under Contract Date: 2018-11-27
Sold Date: 2019-03-21
Sold Price: $1,250,000
Income/Expenses
Gross Income: 300000
Net Operating Income: 35000
Total Expenses: 265000
Addl Acceptance Cond
None Known: 1
T Reimburses L
Curr Yr Est $/SF TRL: 0
Services Available
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Storm Sewer: 1
Water Available: 1
Auction Info
Auction/Online Bidding Y/N: No
MLS Primary PhotoSrc
Realtor Provided: 1
Sale Info
Seller Assisted Fin: N
Seller/Buyer Concessions: N
Location Property Info
Original List Price: 1375000
Sold Price: $1,250,000
Property Sub Type: Other Com
Street #: 901
Street PreDirection: E
Street Name: High
Street Suffix: Street
County: Morrow
State: OH
Zip Code: 43338
Subdiv/Cmplx/Comm: Pine Lakes Golf Club 150 Acres in Mt. Gilead, Ohio
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2018-10-01
Property Features
Addl Acceptance Cond: None Known
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
MLS Primary PhotoSrc: Realtor Provided
Pine Lakes Flier ›
Pine Lakes Scorecard ›
Listing Office:
Howard Hanna Real Estate Svcs
Listing Agent:
Cole Griesinger
Last Updated: January - 29 - 2025
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