1212 W South Airport Rd

1212 W South Airport Rd, Traverse City, MI 49686

Property Information

  • For Sale $11,000,000
  • Property Type Retail
  • Year Built 1977
  • Date Updated May 16, 2026

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.

Highlights

  • On the corner of Garfield Ave and South Airport Road
  • Exterior Description Concrete Block
  • Fireplace Description Electric
  • General Ceiling Fan(s)
  • Heating Fuel Type Gas
  • Heating Type Forced Air
  • Road Type City Town Street
  • Roof Rubber
  • Water Municipal Water

Contacts

Mark Hagan

Coldwell Banker Schmidt Realtors

Location

Contact Listing Broker
Mark Hagan

Coldwell Banker Schmidt Realtors

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