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7201-7511 Lessiter Rd NE - Grattan Raceway 5,000 SF Sports & Entertainment Building Offered at $15,000,000 in Belding, MI 48809
EXECUTIVE SUMMARY
Grattan Raceway, located approximately 25 miles northeast of Grand Rapids, MI, is considered one of the finest privately owned courses in America. The property features a newly repaved two-mile track with a 3,200-foot straightaway, approximately 1.25 miles of motocross course, and includes full concessions and a covered viewing area for spectators. The well-maintained, spacious grounds offer scenic views, a private in-ground swimming pool, several ponds, and a lake suitable for swimming or fishing. The sale includes three separate parcels with utilities both on-site and off the road, and boasts over 4,000 feet of frontage along Muskrat Lake. Zoned AG2, the property is listed for $15 million
PROPERTY FACTS Under Contract
| Price | $15,000,000 | Building Class | C |
| Price Per SF | $3,000 | Lot Size | 201.47 AC |
| Sale Type | Investment | Building Size | 5,000 SF |
| Sale Condition | Redevelopment Project | No. Stories | 1 |
| Property Type | Sports & Entertainment | Year Built | 1961 |
| Property Subtype | Race Track | Parking Ratio | 28.2/1,000 SF |
| Zoning | AG2 - Agricultural | ||
| Price | $15,000,000 |
| Price Per SF | $3,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Sports & Entertainment |
| Property Subtype | Race Track |
| Building Class | C |
| Lot Size | 201.47 AC |
| Building Size | 5,000 SF |
| No. Stories | 1 |
| Year Built | 1961 |
| Parking Ratio | 28.2/1,000 SF |
| Zoning | AG2 - Agricultural |
PROPERTY TAXES
| Parcel Number | 41-12-09-100-006 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $136,400 |
PROPERTY TAXES
Parcel Number
41-12-09-100-006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$136,400
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7201-7511 Lessiter Rd NE - Grattan Raceway
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