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1212 W South Airport Road , C

Traverse City, MI 49686
  • $2,500,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 1943210
UPDATED: 44 min ago
$2,500,000
  • 0
    BEDS
  • 8.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 61,502
    SQFT
  • $41
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1977
County:

School Ratings & Info

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.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-04-22T12:51:52.11.
www.housestraversecity.com/homes/174440693
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1212 W South Airport Road , C Traverse City, MI 49686

  • Price: $2,500,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 44 min ago
  • MLS #: 1943210
0
Beds
0
Baths
0
½ Baths
8.48
Acres
61,502
SQFT
$41
$/SQFT
1977
Built
Neighborhood:
Cherryland Center
County:
Grand Traverse
Area:
Grand Traverse
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.
Exterior Features

Construction Materials FrameBlockSteel Foundation Details Slab Garage YN No Roof Membrane

Interior Features

Above Grade Finished Area Units Square Feet Accessibility Features Accessible DoorsAccessible Hallway(s)Main Floor AccessAccessible EntranceCovered EntranceBathroom SinkAccessible KitchenGrip-Accessible FeaturesHand RailsLevered Door KnobsRocker Light Switch Below Grade Finished Area Units Square Feet Flooring Concrete Furnished Furniture/Fixtures Heating Forced AirNatural Gas Heating YN Yes

Property Features

Association Fee Frequency Annually Building Features 20ft Ceiling Height Business Incl Yes Business Type Recreation Deeded Waterfront No ECOFeatures No Inventory Incl Yes Lease Amount Frequency Annually Lease Considered YN No Lease Renewal Option YN No Listing Terms ConventionalCommercial LoanCash1031 Exchange Lot Features Shopping Center New Construction YN No Occupied Yes Other Equipment Compressor Other Parking Shopping Center Ownership Type Private Owner Parking Features Shopping Center Possession Close Of EscrowNegotiable Property Sub Type Shopping Center Real Estate Incl No Rent Includes None Road Responsibility Public Maintained Road Security Features Security SystemFire Sprinkler System Sewer Public Sewer Special Licenses FoodFranchise Tax Assessed Value 2496968 Tax Legal Description see documents Water Source Public Waterfront YN No Zoning Description Commercial

Listing information © 2026 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Coldwell Banker Schmidt Traverse City: 231-922-2350.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-04-22T12:51:52.11.
 
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Team Dakoske | RE/MAX Bayshore
500 S. Union
Traverse City MI, 49684