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2035 James Monroe

COLONIAL BEACH, VA 22443
  • $4,000,000
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: VAWE2005986
UPDATED: 170 min ago
$4,000,000
  • 0
    BEDS
  • 47.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1970
County:

School Ratings & Info

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 +GG Smith Bros. Dragway LLC (Custom T+GGs 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+G- 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+GGs 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.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Great Falls Great Homes | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-17T23:59:02.64.
www.greatfallsgreathomes.com/homes/148664448
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2035 James Monroe COLONIAL BEACH, VA 22443

  • Price: $4,000,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 170 min ago
  • ID#: VAWE2005986
0
Beds
0
Baths
0
½ Baths
47.38
Acres
1970
Built
County:
Westmoreland
School District:
Westmoreland County Public Schools
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 +GG Smith Bros. Dragway LLC (Custom T+GGs 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+G- 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+GGs 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.
Exterior Features

Construction Materials FrameAluminum SidingAsphaltModular/Manufactured Garage YN No Other Equipment See Remarks Parking Types DrivewayOther Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 541.00 Cooling Window Unit(s) Heating Space Heater Heating YN Yes Net Square Feet 2063872.80

Property Features

Acceptable Financing CashConventional Accessibility Features 2+ Access Exits Assessment Year 2017 Business Type Other Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water 60+ Gallon Tank Lease Considered YN No Navigable Water YN N New Construction YN No Original MLSNumber 802855764876 Ownership Interest Fee Simple Possession Settlement Property Sub Type Sports and Entertainment Sale Type Standard Sewer Private Septic Tank Tax Annual Amount 1119.00 Tax Assessment Amount 180500.00 Vacation Rental YN No Water Source Well Zoning COMMERCIAL

Listing courtesy of EXIT Realty Expertise: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Great Falls Great Homes | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-17T23:59:02.64.
 
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