USAMITraverse CityK1 Enterprises1212 W South Airport Rd

1212 W South Airport Rd, Traverse City, MI

Name: 1212 W South Airport Rd, For Sale in Traverse City - Zoocasa
Brand: Coldwell Banker Schmidt Traverse City
SKU: 1943209
Price: 9500000 USD

House

For Sale

Listed price in listed location currency (USD).

$9,500,000

000

MLS® 1943209

Overview

Key Facts

Type

Levels Commercial Sale

Size 101386 sqft

Garage

Taxes

Days Active 68

Lot Size

Approx. Age 1977

Avg. Price Per Sqft $93

MLS® Number 1943209

Property Address: 1212 W South Airport Rd, Traverse City, MI, 49686-4759

Average square foot calculated using Size range provided by listing agent.

Description

High-visibility commercial entertainment property located in the Cherryland Center at the corner of Garfield Avenue and South Airport Road. Currently operating as K1 Speed Traverse City, this purpose-built facility offers a proven, year-round entertainment concept featuring an indoor electric go-kart track with speeds up to 45 mph, an extensive arcade, the Paddock Lounge restaurant and bar, and dedicated areas for private parties and corporate events. Creating a true all-in-one entertainment destination and a major draw for families, businesses, and visitors. The building is designed to support high-capacity operations and flexible commercial use, highlighted by 20-foot ceilings and a robust layout that includes multiple semi and shop bays. Infrastructure features three 10-foot overhead doors and one 8-foot overhead door in the semi bays, along with a shop area offering one 12-foot overhead door and six additional 10-foot overhead doors, allowing for efficient access, servicing, and adaptability for alternative commercial or entertainment uses. Ample on-site parking with 459 spaces, strong surrounding retail presence, and direct exposure along one of Traverse City’s most active commercial corridors further enhance the property’s long-term value and redevelopment potential.

MLS® Number1943209

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1977

Basement

DrivewayCommon, Parking Lot, Shopping Center

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

Last Sold Price

----

Appreciation

Avg. Days Listed

68 days

Today, For Sale for $9,500,000

For Sale · 68 days

$9,500,000

MLS® 1943209

2 months ago

Not Sold Yet

March 2026, For Rent for $10

For Rent · 68 days

$10

MLS® 78080066353

2 months ago

Not Leased Yet

Mar 25, 2026, For Sale for $9,500,000

Map

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