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Listed by Coldwell Banker Schmidt Traverse City
$2,500,000
Est. payment /mo
61,502 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Shopping Center
Listing Status Active
Purchase Type For Sale
Square Footage 61,502 sqft
Price per Sqft $40
MLS Listing ID 1943210
Year Built 1977
Lot Size 8.480 Acres
Acres 8.48
Property Sub-Type Shopping Center
Property Description
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.
Location
State MI
Interior
Heating Forced Air, Natural Gas
Flooring Concrete
Exterior
Waterfront Description Public
Roof Type Membrane
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Public
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Kyle O'Grady
Team Leader, REALTOR® | License ID: 6501407456
Team Leader, REALTOR® License ID: 6501407456