VA > Colonial Beach
Colonial Beach, VA 22443,2035 JAMES MONROE
Colonial Beach, VA 22443,2035 JAMES MONROE
Colonial Beach, VA 22443,2035 JAMES MONROE
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$4,000,000
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541 SqFt
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2035 JAMES MONROE Colonial Beach, VA 22443

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Melissa Roswell

Melissa Roswell

+1(856) 904-9502

UPDATED:

08/14/2024 08:56 AM

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

Waterfront N

Water Access N

Accessibility 2+ Access Exits

Parking Type Driveway, Other

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

Bright MLS (BMLS)
Listed by Cynthia D Fowler • EXIT Realty Expertise

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Melissa Roswell

Agent | License ID: 1540788

+1(856) 904-9502

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2035 JAMES MONROE

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