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
Overview
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
Listing Details MLS# 218037064
Location Property Info
- Original List Price
- 1375000
- 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
- MLS Entry Date
- 2018-10-01
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 Floors Above Gr
- Yes
- Use Code
- 463 - GOLF COURSE
- Acreage
- 150
- # of Docks
- 0
Tax Info
- Parcel #
- G20-031-00-360-01
- Tax Year
- 2017
- Tax Abatement
- No
- Taxes (Yrly)
- 14951
Status Change Info
- Under Contract Date
- 2018-11-27
- Sold Date
- 2019-03-21
- Sold Price/SqFt
- 222.82
Auction Info
- Auction/Online Bidding Y/N
- No
More Information
Sale Info
- Seller Assisted Fin
- N
- Seller/Buyer Concessions
- N
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
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
Income/Expenses
- Gross Income
- 300000
- Net Operating Income
- 35000
- Total Expenses
- 265000
Addl Acceptance Cond
- None Known
- Yes
T Reimburses L
- Curr Yr Est $/SF TRL
- 0
Services Available
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Storm Sewer
- Yes
- Water Available
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
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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