10802 Old Norton Coeburn Road

    Coeburn, VA 24230
    • $850,000
    • STATUS: Active
    • ON SITE: 53 days
    • MLS #: 9902710
    UPDATED: 216 min ago
    $850,000
    • 0
      BEDS
    • 40.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1993
    County:
    Area:

    School Ratings & Info

    Description

    Rare investment opportunity!! Clay Valley Speedway formerly know as Lonesome Pine Raceway, is currently a three-eights mile race track with steep-banked clay surface and is race ready with many recent improvements. This 40+ acre facility has endless possibilities for use with Grandstand seating of over 6500 and lots of lighted parking. The three story VIP tower features a kitchen equipped with newer commercial appliances, restrooms, an office area, luxury suites & rooftop seating. Two additional concession stands with a sales area and 40+ stall public restrooms are conveniently located beside the racetrack. Included on this unique property is a control tower with press room, announcers booth, official's booth & restrooms. Ticket booths are strategically placed on the property. The Office building/Garage is over 10,600 sq ft and has seven 12X20 overhead doors, 3.5 baths, Seven office areas, storage rooms & a large garage area with two Jib, 5 ton cranes. The house on the property would be ideal for employee/management housing or rental income. A NASCAR approved computerized scoring system complete with modern scoreboard and LED warning lights. Three phase power throughout the structures. The updated sound system could support live concerts. Ideal for someone looking for income producing properties.

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    © 2020 Tennessee/Virginia Regional Multiple Listing Service. 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2020-01-27T23:59:46.323.
    www.conservusrealestategroup.com/homes/101479575

    10802 Old Norton Coeburn Road Coeburn, VA 24230

    • Price: $850,000
    • Status: Active
    • Updated: 216 min ago
    • MLS #: 9902710
    0
    Beds
    0
    Baths
    0
    ½ Baths
    40.26
    Acres
    1993
    Built
    Neighborhood:
    Wise County
    County:
    Wise
    Area:
    Wise County
    Property Description
    Rare investment opportunity!! Clay Valley Speedway formerly know as Lonesome Pine Raceway, is currently a three-eights mile race track with steep-banked clay surface and is race ready with many recent improvements. This 40+ acre facility has endless possibilities for use with Grandstand seating of over 6500 and lots of lighted parking. The three story VIP tower features a kitchen equipped with newer commercial appliances, restrooms, an office area, luxury suites & rooftop seating. Two additional concession stands with a sales area and 40+ stall public restrooms are conveniently located beside the racetrack. Included on this unique property is a control tower with press room, announcers booth, official's booth & restrooms. Ticket booths are strategically placed on the property. The Office building/Garage is over 10,600 sq ft and has seven 12X20 overhead doors, 3.5 baths, Seven office areas, storage rooms & a large garage area with two Jib, 5 ton cranes. The house on the property would be ideal for employee/management housing or rental income. A NASCAR approved computerized scoring system complete with modern scoreboard and LED warning lights. Three phase power throughout the structures. The updated sound system could support live concerts. Ideal for someone looking for income producing properties.
    Exterior Features

    Exterior Finish BlockMetal SidingStucco Lot Size 40.26 Acres Number Parking Spaces 50 Road Access County Road Roof Built-UpCompositionMetal

    Interior Features

    Ac Central AirHeat Pump Heating CentralHeat Pump Number Restrooms 40

    Property Features

    Annual Lease Amount 0.00 Auction No Business Type Recreation City Taxes 6825.48 County Taxes 6825.48 Development Status Infrastructure In Easements Other Electric Service Phase 3 Financing CashConventionalIndiv/Seller Financing Foreclosure No Info Available Aerial Lot Number 0 Other Equipment Additional Building(S)Exterior LightsOverhead DoorsPart FencedPole SignRefrigerationRefrigerator Restrictions Other Sale Includes Other Sewer Septic Tank Short Sale No Water Public Zoning B2

    Listing information © 2020 Tennessee/Virginia Regional MLS.
    Listing provided courtesy of Deborah Dotson of United Country Blue Ridge Land & Auction.



    © 2020 Tennessee/Virginia Regional Multiple Listing Service. 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2020-01-27T23:59:46.323.
     
    Conservus Real Estate Group
    402 East Main Street
    Kingsport TN, 37660