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Listed price in listed location currency (USD).
$11,000,000

000

MLS® 1943209

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 101386 sqft
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1977
Avg. Price Per Sqft $108
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
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1977
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 25, 2026List Date
$11,000,000List 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

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