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2404 SE River Rd - Lakeside Golf Course, Lake Milton, OH

5,097 SF Sports & Entertainment Building Offered at $4,245,323 CAD in Lake Milton, OH 44429

Investment Highlights

  • Anticipated redevelopment plan for residential use.
  • 2,300+ feet of frontage on SE River Road.
  • Adjacent to State of Ohio and single-family residential.

Executive Summary

A Very Special Offering for Re-Development! After more than 50 years of serving the Lake Milton Community, the Lakeside Golf Course is now available FOR SALE. Situated on 111 acres (+/-), this fully improved 18-Hole Golf Course includes a Clubhouse with an attached 4-bedroom dwelling (+/- 5,097 SF), a 3-car detached garage (+/- 700 SF), and two (2) golf course related storage buildings (+/- 1,344 SF & +/- 792 SF). The golf course has a maximum length of 6,025 yards (blue tees) with a course and slope of 69.9/113. All FF&E pertaining to the Clubhouse shall be included in the sale. While the Liquor License (D-1,2,3) and all related golf course equipment are available for sale, they are not included in the offering price. Milton Township Zoning Map indicates the property is zoned AG, Agricultural District and includes single family residential development with a minimum lot size of 1/4 acre (see PDF zoning description attached). Call Scott Thompson, Managing Director of KW Commercial for additional information or to schedule a confidential tour at (330) 671-6331.

Property Facts

Price $4,245,323 CAD
Price Per SF $833 CAD
Sale Type Investment or Owner User
Sale Conditions Redevelopment Project
Property Type Sports & Entertainment
Property Subtype Golf Course/Driving Range
Building Class C
Lot Size 111.00 AC
Building Size 5,097 SF
No. Stories 2
Year Built/Renovated 1900/1972

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 51-069-0-004.00-0
  • 51-068-0-004.00-0
  • 51-068-0-005.00-0
  • 51-069-0-001.00-0
Land Assessment
$136,055 CAD
Improvements Assessment
$201,256 CAD
Total Assessment
$337,311 CAD

zoning

Zoning Code AG (Residential Development (1/4 acre lots).)
AG (Residential Development (1/4 acre lots).)
  • Listing ID: 33072275

  • Date on Market: 2024-09-05

  • Last Updated:

  • Address: 2404 SE River Rd, Lake Milton, OH 44429

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