$7,500,000

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. 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.

$2,500,000

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. 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.