Seller Financing
Address
10802 Old Norton Coeburn Road Coeburn, VA
Price
$ 1,000,000
Property Attributes
  • MLS#9902710
  • TypeCommercial
  • CountyWISE
  • CityCoeburn
  • Zip24230
  • StyleRecreation
  • Year Built1993
  • Taxes13650
  • Price$ 1,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size40.26 Acres
Listing Provided Courtesy Of:
UNITED COUNTRY BLUE RIDGE LAND & AUCTION
Property Description

Rare investment opportunity!! Lonesome Pine Raceway has returned to racing on it's original asphalt surface. A three-eights mile race track with steep-banked asphalt surface. 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

Price History
12/10/2019 Listed $850,000
4/25/2020 18% - $700,000

General Features

Business Type Recreation
Financing Cash, Conventional, Indiv/Seller Financing
Heating Central, Heat Pump
Other Equipment Additional Building(s), Exterior Lights, Overhead Doors, Part Fenced, Pole Sign, Refrigeration, Refrigerator
Property Type C
Roof Built-Up, Composition, Metal
Sewer Public Sewer
Subdivision Not In Subdivision
Water Public
Zoning B2

Interior Features

Number of Restrooms 40

Exterior Features

Exterior Finish Block, Metal Siding, Stucco
Lot Size 40.26 Acres
Number of Parking Spaces 50
Road Access County Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 24230

Price
AVG $350K
$1M
Taxes
AVG $5,173
$13,650
Visits
AVG 8
6
Year Built
AVG 1977
1993