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    Traverse City, MI
    Sports & Entertainment

    Traverse City, MI Sports & Entertainment Properties 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.
    View details
    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
    View details
    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 36 Potential Opportunities for your consideration. Besides 2 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 29 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Nightclub Property with Liquor License
    Nightclub Property with Liquor License

    4621 Rapid City Road NW, Rapid City, MI 49676

    $879,000
    3,456 sqft 0.55 AC lot

    Existing adult entertainment venue with a full basement and on-site parking lot.

    View details
    Nightclub with Liquor License
    Nightclub with Liquor License

    4621, Rapid City, MI 49676

    $879,000
    3,456 sqft

    Flexible commercial venue configured for entertainment, dining, gatherings, and event-oriented use.

    View details
    Downtown Mixed-Use Property
    Downtown Mixed-Use Property

    304 W Main Street, Manton, MI 49663

    $275,000
    8,411 sqft 0.28 AC lot

    Two connected buildings offer flexible redevelopment potential with residential, event, retail, and hospitality possibilities.

    View details
    Main Street Mixed-Use Property
    Main Street Mixed-Use Property

    304 W Main Street, Manton, MI 49663

    $275,000
    8,411 sqft 0.28 AC lot

    Two-building commercial property with an existing apartment, open floor area, and residential conversion potential subject to approvals.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Wooded Resort Homesite Land Parcel
    Wooded Resort Homesite Land Parcel

    207 Shadow Glen, Bellaire, MI 49615

    Contact for pricing
    0.75 AC lot

    Build a private home on a wooded homesite with a perk test on file and key utilities available.

    View details

    Off-Market Properties in Traverse City, MI

    Consider similar Off-Market properties in Traverse City, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    701 Westminster Rd
    AUDITORIUM

    701 Westminster Rd, Traverse City, MI 49686-3526

    Estimated value:
    No data
    6.28 AC lot
    View details
    4288 Us Hwy 31st S
    ARENA, CONVENTION CENTER

    4288 Us Hwy 31st S, Traverse City, MI 49685-9301

    Estimated value:
    $425,000
    3,768 sqft 3.75 AC lot
    View details
    1725 Un St
    COUNTRY CLUB

    1725 Un St, Traverse City, MI 49684-4165

    Estimated value:
    No data
    24,514 sqft 23.36 AC lot
    View details
    748 State St
    AUDITORIUM

    748 State St, Traverse City, MI 49686-2625

    Estimated value:
    $305,000
    1,800 sqft 0.46 AC lot
    View details
    1200 Ramsdell St
    AUDITORIUM

    1200 Ramsdell St, Traverse City, MI 49684-1451

    Estimated value:
    $390,000
    5,500 sqft 2.31 AC lot
    View details
    813 Parsons Rd
    AUDITORIUM

    813 Parsons Rd, Traverse City, MI 49686-3621

    Estimated value:
    $300,000
    2,694 sqft 0.92 AC lot
    View details
    1003 Maple St
    AUDITORIUM

    1003 Maple St, Traverse City, MI 49684-4025

    Estimated value:
    No data
    8,250 sqft 4.78 AC lot
    View details
    790 Indian Trl Blvd
    AUDITORIUM

    790 Indian Trl Blvd, Traverse City, MI 49686-3557

    Estimated value:
    $340,000
    3,440 sqft 0.98 AC lot
    View details
    430 Fair St
    THEATER (MOVIE)

    430 Fair St, Traverse City, MI 49686-2942

    Estimated value:
    $350,000
    7,150 sqft 0.92 AC lot
    View details
    1890 College Dr
    AUDITORIUM

    1890 College Dr, Traverse City, MI 49686-6015

    Estimated value:
    No data
    14,400 sqft 12.61 AC lot
    View details
    1410 College Dr
    AUDITORIUM

    1410 College Dr, Traverse City, MI 49686

    Estimated value:
    No data
    14,540 sqft 0.94 AC lot
    View details
    222 Cass St
    AUDITORIUM

    222 Cass St, Traverse City, MI 49684-2507

    Estimated value:
    No data
    12,000 sqft 0.98 AC lot
    View details
    1450 Cass Rd
    THEATER (MOVIE)

    1450 Cass Rd, Traverse City, MI 49685-9143

    Estimated value:
    $430,000
    7,187 sqft 89.88 AC lot
    View details
    4875 Blair Townhall Rd
    THEATER (MOVIE)

    4875 Blair Townhall Rd, Traverse City, MI 49685-9219

    Estimated value:
    $365,000
    1,500 sqft 15.49 AC lot
    View details
    2550 Aero Park Dr
    AUDITORIUM

    2550 Aero Park Dr, Traverse City, MI 49686-8495

    Estimated value:
    No data
    15,000 sqft 2.24 AC lot
    View details
    402 9th St
    AUDITORIUM

    402 9th St, Traverse City, MI 49684-3124

    Estimated value:
    $350,000
    4,320 sqft 0.85 AC lot
    View details
    148 8th St
    THEATER (MOVIE)

    148 8th St, Traverse City, MI 49684-2524

    Estimated value:
    No data
    11,968 sqft 0.57 AC lot
    View details
    442 7th St
    AUDITORIUM

    442 7th St, Traverse City, MI 49684-2431

    Estimated value:
    $310,000
    1,492 sqft 0.19 AC lot
    View details
    307 7th St
    AUDITORIUM

    307 7th St, Traverse City, MI 49684-2428

    Estimated value:
    No data
    155,000 sqft 4.38 AC lot
    View details
    330 6th St
    AUDITORIUM

    330 6th St, Traverse City, MI 49684-2414

    Estimated value:
    No data
    12,500 sqft 0.39 AC lot
    View details
    3600 5th Mile Rd
    AUDITORIUM

    3600 5th Mile Rd, Traverse City, MI 49686-8158

    Estimated value:
    $400,000
    5,920 sqft 20.83 AC lot
    View details
    2055 4th Mile N Rd
    AUDITORIUM

    2055 4th Mile N Rd, Traverse City, MI 49686-9144

    Estimated value:
    No data
    12,253 sqft 5.00 AC lot
    View details

    Traverse City, MI Sports & Entertainment Properties Market Trends and Statistics

    Explore 31 sports & entertainment properties 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 sports & entertainment properties 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 3
    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 $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

    Retail

    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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