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    Traverse City, MI
    Race Track

    Traverse City, MI Race Tracks for Sale

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    Entertainment Property in Cherryland Center
    Updated: May 26
    Entertainment Property in Cherryland Center

    1212 W South Airport Rd, Traverse City, MI 49686

    $7,500,000
    101,386 sqft
    High‑visibility commercial property in Cherryland Center at the corner of Garfield Avenue and South Airport Road.
    Proven, year‑round entertainment concept currently operating as K1 Speed Traverse City with indoor electric go‑kart track.
    Includes an extensive arcade, the Paddock Lounge restaurant and bar, and dedicated areas for private parties and corporate events.
    Building designed for high‑capacity operations and flexible commercial use with 20‑foot ceilings.
    Infrastructure features multiple semi and shop bays with various overhead doors for efficient access and adaptability.
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    Indoor Go-Kart Racing Facility
    Updated: Mar 25
    Indoor Go-Kart Racing Facility

    C-1212 W South Airport Rd, Traverse City, MI 49686

    $2,500,000
    61,502 sqft
    Turnkey indoor go‑kart racing facility in Traverse City, MI
    Professionally designed indoor track with electric go‑karts
    Climate‑controlled facility for year‑round operation
    On‑site arcade plus Paddock Lounge restaurant and bar
    Multiple event income streams including birthday parties, team‑building, and private group bookings
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Main Street Commercial Property
    Main Street Commercial Property

    135 E Main Street, Glenwood, IL 60425

    $350,000
    2,925 sqft 1.84 AC lot

    Commercial property on Main Street with warehouse and vacant lot.

    View details
    Industrially-Zoned Redevelopment Parcel
    Industrially-Zoned Redevelopment Parcel

    3501 South Laramie Avenue, Cicero, IL 60804

    Contact for pricing
    108.00 AC lot

    Large contiguous parcel suitable for logistics, distribution, manufacturing, or mixed industrial redevelopment and expansion planning.

    View details
    Grattan Raceway Land for Sale
    Grattan Raceway Land for Sale

    7201-7443 Lessiter Ave NE, Belding, MI 48809

    $15,000,000
    190 sqft 190.00 AC lot

    190+ acre Grattan Raceway, suitable for redevelopment or private racetrack.

    View details
    Updated Dirt Racetrack Property
    Updated Dirt Racetrack Property

    5435 US-45, Three Lakes, WI 54562

    Contact for pricing

    Updated racetrack property with a 1/3-mile high-banked dirt track and race-season amenities including pavilions and concession shack.

    View details

    Traverse City, MI Race Tracks Market Trends and Statistics

    Explore 2 race tracks for sale in Traverse City, MI on our real estate platform. These investment opportunities span a total of 162,888 square feet of properties for sale, with an estimated market value of $10,000,000.

    Sale prices for race tracks in Traverse City, MI start at $2,500,000, averaging $5,000,000, and reaching up to $7,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Fitness centers & gyms 7
    Race tracks 2

    Demographics Overview

    Population 78K
    Population Growth (5Y) -35.5%
    Median Household Income $78,889
    College Educated 59.4%

    High-Yield Neighborhoods for Investment

    Identify Traverse City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49686 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 4.34%
    Property Tax per SF $71.64 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grand Traverse County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Grand Traverse County

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    Property Size Breakdown

    The majority of commercial real estate listings in Traverse City fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Traverse City, MI

    • 49686

    Featured Traverse City Real Estate Agencies

    Realmo connects you with licensed Traverse City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Re/max Bayshore Properties
    500 South Union St. Traverse City, MI 49684
    Phone: 12319415600
    Keller Williams Northern Michigan
    830 E. Front Street, Suite 110 Traverse City, MI
    Phone: 12319478200

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