127 Hwy Valparaiso, IN 46383

Property Details for 127 Hwy

Year built

2006

Lot size

29.13 lot acres

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a high-quality, multi-sport training complex spanning over 29 acres of land at the strategic intersection of US Highway 6 and State Road 49, conveniently located between Valparaiso and Chesterton in Northwest Indiana. The property boasts two substantial buildings. Building 1, a 60,200 square foot steel-framed structure with impressive 32-foot ceilings, houses four regulation-size basketball courts, a spacious gymnastics and cheerleading training area, 3,740 square feet of office space, restrooms, a concession area, and a pro shop. Building 2, a 42,800 square foot, year-round inflatable structure, features six tennis courts and an attached 1,868 square foot masonry building with additional office space, restrooms, and a pro shop. A third building, a 2,560 square foot (40' x 64' x 12') steel-framed pole barn with two overhead doors, provides versatile storage or workspace. The expansive outdoor area includes an 80,000 square foot grass playing field and a well-lit parking lot with capacity for 300 vehicles. Further development potential is significant, with 15 acres of land available for expansion, including a 10-acre parcel already prepared for additional dome structures. Thorough soil testing has already been completed. The property is zoned CH - High Intensity Commercial District, allowing for a wide range of commercial, industrial, and institutional uses, making this a truly unique and versatile investment opportunity. Priced at $7,500,000.