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$7,500,000
1946385 MLS ⋅ Cherryland Center BLDG.
High-visibility commercial property located in the Cherryland Center at the prominent corner of Garfield Avenue and South Airport Road. This 101,386 square foot commercial building offers exceptional flexibility for a wide range of experience, entertainment, recreational, warehouse, automotive, or redevelopment opportunities. Part of the building has a long-term lease in place with K1 Speed, the property also offers extensive additional space for leasing, owner occupancy, or redevelopment. Designed to accommodate high-capacity experience operations, the facility features 20-foot ceilings and a functional layout that includes multiple semi and shop bays. Infrastructure highlights include three 10-foot overhead doors and one 8-foot overhead door in the semi bays, along with a separate shop area offering one 12-foot overhead door and six additional 10-foot overhead doors, providing excellent access, workflow efficiency, and adaptability for a variety of uses. The property offers 459 on-site parking spaces, strong surrounding experienced business synergy, and outstanding visibility along one of Traverse City's busiest commercial corridors. A rare opportunity to acquire a highly adaptable commercial asset in a premier location with significant long-term value and redevelopment potential.

1212 W South Airport Road, Traverse City
$2,500,000
1943210 MLS ⋅ Cherryland Center BLDG.
K1 Speed is an exciting indoor go-kart racing facility located in Traverse City, Michigan, offering a high-energy entertainment experience for all ages. This turnkey business features a professionally designed indoor track, state-of-the-art electric go-karts, an extensive arcade, the Paddock Lounge restaurant and bar, and a strong brand reputation known for safety, speed, and fun. The climate-controlled environment allows for year-round operation, making it a consistent revenue generator regardless of weather. K1 Speed hosts birthday parties, team-building events, and private group bookings, providing multiple income streams. This business benefits from steady local traffic as well as seasonal tourism.

1212 W South Airport Road Unit C, Traverse City
$1,050,000
1916376 MLS ⋅ Cherryland Center BLDG.
This highly desirable Out Lot within the Cherryland Center development, at the corner of S Airport Road and Garfield Road, sits on one of Traverse City's busiest retail corridors with up to 40,000 cars per day. The development has multiple means of ingress and egress, including a light controlled entrance directly adjacent to the out lot. The development is home to anchor tenants Big Lots, Asian Buffet, Burger King, the newly constructed Wendy's as well as the future home of the Traverse City International Curling Center. Only minutes from downtown Traverse City and the Cherry Capital Airport.

1712 S Garfield Avenue, Traverse City