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1212 W South Airport Road, Garfield Charter Township, MI 49686

CHERRYLAND CENTER · GrandTraverse County

Key Facts

61,502Sq Ft
1977Year Built
8.48Lot (acres)

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.

Property Information

Property Type

Business Opportunity

Sub-Type

Business

Year Built

1977

Living Area

61,502 sq ft

Lot Size

8.48 acres

Lot Dimensions

irregular see docs

Days on Market

3

MLS® Listing#

78080066350

Property Features

Cooling

None

Heating

Forced AirNatural Gas

Flooring

Concrete

Construction

Frame

Foundation

Slab

Security

Security System Owned

Utilities

Natural Gas Connected

Sewer

Public Sewer

Water Source

Public

Financial Details

Assessed Value

$2,496,968

Parcel Number

0501404910

Affordability Calculator

$500,000

Estimated monthly payment

$13,306/mo

Principal $2,000,000 · Est. interest $2,790,178 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Garfield Charter Township, MI

$401,764
Median Listing Price
57
Median Days on Market
1,890
Median Sq Ft
$204
Median Price / Sq Ft
11,460
Active Listings
  • This home’s price is 522% above the area median.
  • Its price per sq ft is 80% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Garfield Charter Township, MI.

Location

Map showing the location of 1212 W South Airport Road, Garfield Charter Township, MI 49686

Points of Interest in Garfield Charter Township, MI

Showing the Garfield Charter Township area map.

Nearby Schools

  • Traverse Bay Mennonite School

    School · 0.9 mi away

  • Traverse Heights Elementary School

    Elementary · 1.0 mi away

  • Sabin Elementary School

    Elementary · 1.9 mi away

  • Holy Angels Elementary School

    Elementary · 1.9 mi away

  • St Francis High School

    Secondary · 1.9 mi away

  • Grand Traverse Area Catholic Schools

    Elementary · 1.9 mi away

  • Traverse Bay Area Intermediate School

    School · 1.9 mi away

  • Manufacturing Technology Academy

    School · 1.9 mi away

  • North Ed Career Tech

    Secondary · 1.9 mi away

  • Oak Park Elementary School

    Elementary · 1.9 mi away

  • Traverse City Elementary School

    Elementary · 1.9 mi away

  • Glenn Loomis Elementary School

    Elementary · 2.0 mi away

  • Tcaps Montessori School

    Elementary · 2.0 mi away

  • Trinity Lutheran Church & School, LCMS

    Elementary · 2.0 mi away

  • Traverse City High School

    Secondary · 2.1 mi away

  • Kitchi Minogining Tribal School

    School · 2.1 mi away

  • Bethlehem Nursery School

    Elementary · 2.1 mi away

  • Traverse City Christian School

    Secondary · 2.1 mi away

  • Central Grade School

    Elementary · 2.2 mi away

  • Traverse City Central High School

    Secondary · 2.4 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Garfield Charter Township

Michigan Regional Information Center logo

Listing Courtesy: Coldwell Banker Schmidt Traverse City - 2319222350

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Data provided by AspireNorthREALTORS. MLS® Listing#78080066350. © 2026EXIT Realty®. All rights reserved.