90 Gehring Road SE

    Medicine Hat, AB T1B 4W1
    • $2,100,000
    • STATUS: Active
    • ID#: C4146975
    UPDATED: 50 min ago
    $2,100,000
    • 0
      BEDS
    • 200
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,000
      SQFT
    • $140
      $/SQFT
    Neighbourhood:
    Type:
    Commercial-Lease
    Built:
    1984
    Area:

    Description

    An excellent opportunity to purchase an award winning 18 hole par 3 golf course, pro shop, driving range, complete with a year round restaurant and event facility. The Golf Course is nestled in the coulee beside the Seven Persons Creek, just below the "Worlds Largest Tepee in Medicine Hat, a City reputed to be the sunniest in Canada. Medicine Hat, with a population of 63,000, is located approximately 183 miles southeast of Calgary. The golf course hosts 40,000 rounds per year, is meticulously maintained and has two residences on the property. Revenue is split approximately 50/50 overall between golf and F&B. Payroll is split approx. 10% pro shop, 10% office, 20% grounds, 60% clubhouse (including bar cart staff). So overall about 60% F&B and 40% Golf. Full financial information is available to qualified Buyers upon signing of a non disclosure agreement. The golf course is located on land leased from the City of Medicine Hat. Click on the URL Report Link to view the Paradise Valley Website.

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    Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. Data last updated: 2018-05-20T22:29:54.89.
    www.livelovecalgary.com/homes/79106328

    90 Gehring Road SE Medicine Hat, AB T1B 4W1

    • Price: $2,100,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: C4146975
    0
    Beds
    0
    Baths
    0
    ½ Baths
    200
    Acres
    15,000
    SQFT
    $140
    $/SQFT
    1984
    Built
    Neighbourhood:
    Southridge
    Area:
    Medicine Hat
    Property Description
    An excellent opportunity to purchase an award winning 18 hole par 3 golf course, pro shop, driving range, complete with a year round restaurant and event facility. The Golf Course is nestled in the coulee beside the Seven Persons Creek, just below the "Worlds Largest Tepee in Medicine Hat, a City reputed to be the sunniest in Canada. Medicine Hat, with a population of 63,000, is located approximately 183 miles southeast of Calgary. The golf course hosts 40,000 rounds per year, is meticulously maintained and has two residences on the property. Revenue is split approximately 50/50 overall between golf and F&B. Payroll is split approx. 10% pro shop, 10% office, 20% grounds, 60% clubhouse (including bar cart staff). So overall about 60% F&B and 40% Golf. Full financial information is available to qualified Buyers upon signing of a non disclosure agreement. The golf course is located on land leased from the City of Medicine Hat. Click on the URL Report Link to view the Paradise Valley Website.
    Exterior Features

    Garage Yn No Site Influences Highway AccessLandscaped

    Property Features

    Condo Type Not A Condo Ensuite Yn No Property Sub Type Sports And Recreation Transaction Type For Lease

    Listing provided courtesy of Royal Lepage Benchmark. © 2018 CREB®. All Rights Reserved.
    Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. Data last updated: 2018-05-20T22:29:54.89.
     
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