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32737395
32737381

407 N 4th Avenue, Jamaica, IA 50128 For Sale

JK
IA B62998000
Keller Williams Legacy Group
Listed by Keller Williams Legacy Group
$200,000
63 days on market
Updated 63 days ago

Jamaica Raceway

Details
Property Type Mixed Use, Land (+1)
Sub Type Hunting/Recreational, Sports/Entertainment
Square Footage 336
Year Built 1999
Acreage 8.700
Zoning Commercial
Ground Lease No

GO-KART RACE TRACK, multiple outbuildings, & expansive open space!

Marketing description

Unique opportunity in JAMAICA, IA! This property features a GO-KART RACE TRACK, multiple outbuildings, & expansive open space offering strong potential for a variety of uses. Ideal for a buyer seeking ENTERTAINMENT, MOTORSPORT, OR EVENT POTENTIAL. Existing structures provide flexibility for operations, concessions, storage, or support facilities. Located in GUTHRIE COUNTY, this property presents a RARE OPPORTUNITY to own a distinctive property w/ many possibilities for its next owner! Beyond motorsports, the layout & open grounds may lend themselves to community gatherings, fairs, festivals, concerts, & private events, depending on buyer vision & applicable approvals. The combination of track infrastructure, auxiliary buildings, & outdoor space provides a flexible setting for recreation, entertainment, or event-focused concepts. RECENT UPDATES: enclosed storage shop/shed to secure equipment, new public address (PA) speakers, new pit lighting, & concession stand improvements including FRESH PAINT, a NEW CONCRETE FLOOR, & an on-demand water heater. A DIRT TRACK has also been added, expanding recreational & event possibilities. Situated in a small-town setting, the property offers convenient regional access while maintaining a rural event atmosphere many organizers appreciate. Nearby businesses include The Brickyard Burgers & Brews, Casey’s, & The Handlebar, & services throughout GUTHRIE & DALLAS COUNTIES (15 minutes from Perry).

Investment highlights

Investment Highlights

  • Rare Motorsport & Entertainment Asset — Unique opportunity to acquire a go-kart raceway property with existing track infrastructure and expansion potential in Jamaica.
  • Multiple Revenue Possibilities — Property layout supports potential motorsport operations, community events, fairs, festivals, concerts, private gatherings, recreational uses, and entertainment-focused concepts.
  • Established Track Infrastructure — Features an existing go-kart race track plus a newly added dirt track, creating opportunities for diversified racing and event programming.
  • Flexible Improvements & Support Buildings — Multiple outbuildings and support structures suitable for concessions, equipment storage, operations, maintenance, vendor space, or event support functions.
  • Recent Capital Improvements — Recent updates include:
    • Enclosed storage shop/shed
    • New public address (PA) speaker system
    • New pit lighting
    • Concession stand improvements
    • Fresh interior paint
    • New concrete flooring
    • On-demand water heater
  • Expansion & Adaptability Potential — Expansive open space offers flexibility for future development, additional attractions, parking expansion, camping, vendor areas, or recreational amenities, subject to buyer vision and approvals.
  • Destination Event Atmosphere — Rural small-town setting provides an authentic outdoor event environment attractive for motorsports and community gatherings while maintaining regional accessibility.
  • Regional Accessibility — Located in Guthrie County with convenient access to surrounding communities and approximately 15 minutes from Perry.
  • Nearby Amenities & Services — Supported by nearby local businesses including The Brickyard Burgers & Brews, Casey's, and The Handlebar, along with additional services throughout Guthrie and Dallas Counties.
  • Distinctive Investment Opportunity — Specialty recreational and entertainment properties with existing operational infrastructure are uncommon in the regional market, creating a differentiated acquisition opportunity for investors, operators, or entrepreneurs.

Listing Contacts

JK
IA B62998000
Keller Williams Legacy Group
Listed by Keller Williams Legacy Group

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Additional Information

Name
Jesse Kern
License
B62998000
Brokerage
Keller Williams Legacy Group
Title
Broker of Record
Brokerage Address
4850 Armar Drive SE, Suite B, Cedar Rapids, IA 52403
Name
Jesse Kern
License
B62998000
Brokerage
Keller Williams Legacy Group
Brokerage Phone
319-423-4139
Title
Real Estate Broker Associate
Brokerage Address
4850 Armar Drive Southeast
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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