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2035 James Monroe hwy 476 SF Sports & Entertainment Building Offered at $3,500,000 in Colonial Beach, VA 22443
PROPERTY FACTS
| Price | $3,500,000 | Building Class | C |
| Price Per SF | $7,352.94 | Lot Size | 47.00 AC |
| Sale Type | Investment or Owner User | Building Size | 476 SF |
| Sale Condition | Business Value Included | No. Stories | 1 |
| Property Type | Sports & Entertainment | Year Built | 1963 |
| Property Subtype | Race Track | ||
| Zoning | commercial | ||
| Price | $3,500,000 |
| Price Per SF | $7,352.94 |
| Sale Type | Investment or Owner User |
| Sale Condition | Business Value Included |
| Property Type | Sports & Entertainment |
| Property Subtype | Race Track |
| Building Class | C |
| Lot Size | 47.00 AC |
| Building Size | 476 SF |
| No. Stories | 1 |
| Year Built | 1963 |
| Zoning | commercial |
ABOUT 2035 JAMES MONROE HWY , COLONIAL BEACH, VA 22443
****BACK ON THE MARKET WITH NEW IMPROVEMENTS****Rare Opportunity to Acquire a Thriving Turnkey Business in an Exceptional Location! They say in real estate, it's all about the Location, Location, Location, and here you have prime real estate nestled in the heart of the DMV area – Smith Bros. Dragway LLC (Custom T’s Motorsports Parkway, LLC. Inc) This is an unparalleled opportunity to own a multi-million-dollar enterprise in an enviable location. Strategically situated, this racetrack boasts proximity to major cities: just an hour's drive to DC, Richmond, and a mere 45 minutes to Fredericksburg and how about 4 short miles to Colonial Beach… With Baltimore, the Eastern Shore, Tidewater, Philadelphia, and even NYC all within convenient reach, this location ensures access to a vast population exceeding 9 million people, promising immense potential for business success. Spanning over 45 acres, this esteemed racing facility features a state-of-the-art 1/8-mile dragstrip, situated in Colonial Beach, VA. Established in 1963, this racetrack has been under the ownership of Larry Thompson since 2018. Under his ownership, this venue has garnered an impeccable reputation for unparalleled customer service, fostering a loyal following of enthusiasts and racers who return year after year. Custom T’s stands out as a premier motorsports destination on the East Coast, having hosted renowned racing personalities along with electrifying performances by notable Grammy-nominated artists. Moreover, the track has garnered extensive media coverage from industry giants, further amplifying its prestige and reach. This turnkey offering includes all essential amenities and infrastructure to seamlessly continue operations. EVERYTHING CONVEYS From the fully-equipped kitchen to the essential track maintenance equipment, as well as the versatile sheds and office trailers, everything necessary for the smooth functioning of the facility is included. Don't miss out on this extraordinary opportunity to own a piece of motorsports history and take your business to new heights. The track will be open for business while on the market for sale. So feel free to stop by when were open to see your potential investment at work.
PROPERTY TAXES
| Parcel Number | 5-54 | Improvements Assessment | $42,100 |
| Land Assessment | $163,000 | Total Assessment | $205,100 |
PROPERTY TAXES
Presented by
AC Realty Group
2035 James Monroe hwy
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