Map
Link Copied
Listed price in listed location currency (USD).
$9,500,000

000

MLS® 1943209

  • Key Facts
  • Description
  • Map

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

-End Date
Not Sold YetSold Price

For Sale

Mar 25, 2026List Date
$9,500,000List Price
-End Date
Not Sold YetSold Price

For Rent

Mar 25, 2026List Date
$10List Price
  • Commute

Commute

Starting Address
Destination Address
1212 W South Airport Rd, Traverse City, MI

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties