93811 Blagg Ln 10,000 SF Sports & Entertainment Building Offered at $5,932,660 CAD in Grass Valley, OR 97029

Oregon Raceway Park property and management company - Pacific Motorsports Management - For Sale.
Sale features Oregon’s Premier Automotive testing facility and Private Race Track on 434 acres of sprawling land. The 2.34 mile, bi-directional, 40' wide course features smooth, race-grade asphalt over a 16 inch road-bead in a challenging, undulating layout (with 16 turns and 400 feet of elevation change per lap) dedicated to individuals and families who are passionate about motorsports. 2 hours east of Portland traveling along the Columbia Gorge, ORP is a family destination with an array of services and amenities, including professional instruction, track-side support, premium car storage, race car rentals, private race schools for novice to experienced track enthusiasts, corporate entertainment, beautiful scenery, and private access and track days through the Oregon Raceway Park Club organization.
Fire protection storage and hydrant system in place, along with modern restrooms with showers, an aid room for EMT use, 2 pump, 2 tank above ground fuel dock, paved paddock and pre-grid areas, and a 12-bay garage building.
The 434 acre parcel includes 100+ acres of undeveloped land and is in both an Opportunity and Enterprise zone - many redevelopment and/or R&D possibilities. With multi-use permitted as part of the master plan, the property in specially zoned for its use (Motor Sports Park Complex - MSC-1). Income generating garage leases currently in place, along with a farming contract for the undeveloped portion of the property.
Assumable loan of ~$500,000 at 3% interest rate available for qualified buyers.
Property to be sold concurrently with associated business, Pacific Motorsports Management, LLC. Business financials available with signed NDA. Ownership requires that all current racetrack reservations, bookings, leases and contracts be honored.