127 E US Highway 6 - Sports and Entertainment FOR SALE


Valparaiso, IN 46383
$6,999,000 USD
219-545-2859
127 E US Highway 6, Valparaiso, IN for Sale
$6,999,000 USD
Sports and Entertainment - FOR SALE
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127 E US Highway 6
Valparaiso, IN 46383


HIGHLIGHTS

  • 99,800 SF regional indoor sports complex featuring basketball, gymnastics and tennis facilities
  • Established profitable sports facility with diversified income from league tournaments, and training programs
  • Two-building campus including a 60,200 SF main gym and a 42,000 indoor tennis dome
  • Strategic Valparaiso location with access to Northwest Indiana and t greater Chicago market
  • Limited regional competition, creating strong demand for year-round indoor sports programming

OVERVIEW

Located at 127 E. US Highway 6 in Valparaiso, Indiana, The Courts of Northwest Indiana benefits from strong regional accessibility along the US-6 corridor, a key east-west route connecting Porter County with the broader Northwest Indiana and Chicago metropolitan markets. Valparaiso is widely recognized as one of the most desirable communities in Northwest Indiana, offering strong household incomes, steady population growth, and a vibrant local economy anchored by Valparaiso University and a thriving downtown district. The property draws from a large regional population base that includes Northwest Indiana, the southern Chicago suburbs, and Southwest Michigan, making it an ideal destination for regional sports programming and tournaments. With convenient access to major transportation routes and a limited supply of comparable indoor sports complexes in the market, the location supports a steady flow of athletes, families, and spectators year-round, creating strong demand for recreational, training, and tournament facilities. The Courts of Northwest Indiana is a premier indoor sports and recreation complex totaling approximately 100,000 square feet across two primary buildings on approximately 17.90 acres, designed to support year-round athletic programming, leagues, and large-scale sporting events. The main facility is a 60,200 square foot building with 32-foot ceiling heights featuring four regulation-size basketball courts, a large gymnastics and cheerleading training area, and approximately 3,740 square feet of office space, along with restrooms, a concession area, and pro-shop. The building’s open design allows for multiple events, tournaments, and training programs to operate simultaneously, making it a versatile venue for regional sports organizations and community programming. Complementing the main facility is a year-round play inflatable dome structure totaling approximately 42,800 square feet, which houses six indoor tennis courts and includes an attached 1,868 square foot masonry support building with entrance access, offices, restrooms, and a pro-shop. Additional site improvements include a 2,560 square foot steel-frame pole barn with two overhead doors, and an 80,000 square foot outdoor grass playing field. The facility operates as a fully functioning sports enterprise with diversified revenue streams generated through leagues, tournaments, lessons, camps, and private event rentals, positioning the property as a well-established, income-producing sports destination serving Northwest Indiana and the greater Chicago MSA region.

FOR SALE DETAILS

PRICE

$6,999,000 USD

PRICE/SF

$68 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

62

LAND DETAILS

LAND ACRES

17.9 AC

LAND SF

779,724 SF

ZONING

CH

APN/PARCEL ID

64-07-19-351-006.000-006

ASK ABOUT THIS PROPERTY

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219-545-2859

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219-545-2859

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