2035 JAMES MONROE Active Save Request In-Person Tour Request Virtual Tour
Colonial Beach,VA 22443
Key Details
Property Type Commercial
Sub Type Sports and Entertainment
Listing Status Active
Purchase Type For Sale
Square Footage 541 sqft
Price per Sqft $7,393
MLS Listing ID VAWE2005986
Originating Board BRIGHT
Year Built 1970
Annual Tax Amount $1,119
Tax Year 2017
Lot Size 47.380 Acres
Acres 47.38
Property Description
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.
Location
State VA
County Westmoreland
Zoning COMMERCIAL
Interior
Hot Water 60+ Gallon Tank
Heating Space Heater
Cooling Window Unit(s)
Equipment See Remarks
Heat Source Electric
Exterior
Garage Spaces 120.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 120
Garage N
Building
Sewer Private Septic Tank
Water Well
New Construction N
Schools
School District Westmoreland County Public Schools
Others
Tax ID 5 54
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard