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    Traverse City, MI Race Tracks for Sale

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    Cedar, MI Gross, NE Williamsburg, MI
    Entertainment Property in Cherryland Center
    $11,000,000
    101,386 SF

    Entertainment Property in Cherryland Center

    1212 W South Airport Rd, Traverse City, MI 49686

    High-visibility entertainment property with indoor go-kart track and restaurant.

    • 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.
    Updated: Mar 25
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Established Dragway with Redevelopment Potential
    $7,999,999

    Established Dragway with Redevelopment Potential

    Veteran-owned drag strip open for over 55 years.

    4812 S, Ubly, MI 48475
    View details
    Commercial Drag Strip on 74+ Acres
    $7,999,999
    3,712 SF

    Commercial Drag Strip on 74+ Acres

    74+ acre commercial drag strip with income potential.

    4812 S Ubly Rd, Ubly, MI 48475
    View details
    Grattan Raceway Land for Sale
    $15,000,000

    Grattan Raceway Land for Sale

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

    7201-7443 Lessiter Ave NE, Belding, MI 48809
    View details
    Grattan Raceway Land For Sale
    $15,000,000
    8,300,794 SF

    Grattan Raceway Land For Sale

    190+ acre Grattan Raceway property for redevelopment or private racetrack.

    7201 Lessiter Road Northeast, Belding, MI 48809
    View details

    Traverse City, MI Race Tracks Investment Opportunities Market Analysis

    Explore 1 race tracks for sale in Traverse City, MI on our real estate platform. These investment opportunities span a total of 101,386 square feet of properties for sale, with an estimated market value of $11,000,000.

    Sale prices for race tracks in Traverse City, MI start at $11,000,000, averaging $11,000,000, and reaching up to $11,000,000 — 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

    Fitness centers & gyms 3
    Race tracks 2
    Golf courses & driving ranges 1
    Night clubs 1
    Skating rinks 1

    Property Size Breakdown

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

    Demographics Overview

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

    Taxes & Financing

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

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