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Coeburn, Virginia Clay Valley

10802 Old Norton Coeburn Road : Coeburn, VA 24230

Wise County, Virginia

40.26 Acres
$1,000,000 USD
$24,839 / ac
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Property Description

Clay Valley Speedway For Sale In Coeburn Va

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 plenty of lighted parking. The three story VIP tower features a kitchen equipped with newer commercial appliances, restrooms, an office area, luxury suites and rooftop seating. Two additional concession stands with sales area and 40 stall public restrooms are conveniently located beside the racetrack. Included on this unique property is a control tower with a press room, announcers booth, official's booth and restrooms. Ticket booths are strategically placed on the property for convenience. The office building/garage is over 10,600 sq ft and has seven 12X20 overhead doors, 3.5 baths, seven office areas, storage rooms and a large garage area with two Jib, 5 ton cranes. There is also a 1835 sq ft home located on the property that would be ideal for employee/management housing or rental income. A Nascar approved computerized scoring system is installed complete with modern scoreboard and LED warning lights with three phase power throughout the structures. The updated sound system is large enough to support live concerts.

This property would be great for someone to invest and have potential income.

Conventiently located in Wise County VA near UVA Wise, Norton VA, Big Stone Gap, and St. Paul Va.

Address 10802 Old Norton Coeburn Road Coeburn VA 24230

Directions I-81 N, Exit 29, at the bottom of the ramp turn left onto Maple St/ Va-91. After about mile turn right onto Stagecoach Rd and the property is on the right. For the commercial land turn on Glover Rd and property is on the left. Look for signs

For more information contact Debbie Dotson With United Country Blue Ridge Land and Auction in Abingdon VA at or email m

More Property Details

COMMERCIALFLIP ID
224954
MLS / Other ID
45093-72300
Posted on COMMERCIALFLIP
313 Days Ago
Last Updated
19 Days Ago
Views
197
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