Sports & Entertainment

Indianapolis, IN Sports & Entertainment Properties for Sale

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6 properties
Fitness Center Campus with Aquatics
Updated: Sep 2
Fitness Center Campus with Aquatics

501 North Shortridge Road, Indianapolis, IN 46219

$3,250,000
53,815 sqft 8.90 AC lot
53,815 SF former YMCA facility on approximately 8.9 acres
Approximately 5 acres of green space
Indoor and outdoor aquatic facilities
Multiple gymnasiums and wellness amenities
Extensive parking and outdoor recreation areas
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Keystone Avenue Office Building
Updated: Sep 25, 2025
Keystone Avenue Office Building

4755 Kingsway Dr. |, Indianapolis, IN 46205

Contact for pricing
73,000 sqft
Full floor available, offering a large and customizable workspace.
Excellent location on N. Keystone Ave, providing easy access to Downtown Indianapolis and Broad Ripple Village.
New building façade, common areas, carpet, paint, and cove base throughout.
Affordable workspace suitable for small business owners and professionals.
Building signage available with ample parking.
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Highly Visible Corner Mixed-Use Building
Highly Visible Corner Mixed-Use Building

1701 Prospect St, Indianapolis, IN 46203

$729,000

Corner mixed-use property with two leased commercial spaces and three upstairs apartments, plus secure rear parking and updated mechanicals.

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See what stands out in Marion County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
Freestanding Building Near University
Freestanding Building Near University

3808 Shelby St, Indianapolis, IN 46227

Contact for pricing
10,344 sqft

Theater and academy building near the University of Indianapolis.

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Golf Course and Driving Range
Golf Course and Driving Range

5955 Terrace Ave, Indianapolis, IN 46203

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Corner-site recreation property with mini-golf, a residence, barn, and accessory sheds.

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Renovated Skating Rink
Renovated Skating Rink

6611 Bluff Rd, Indianapolis, IN 46217

Contact for pricing

Community skating use is in place, with updated building systems and refreshed interior and exterior finishes.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Indianapolis, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Retail Building with Road Frontage
Retail Building with Road Frontage

543 Bridge Street, Mooresville, IN 46158

$899,000
5,580 sqft

Flexible commercial building with B-3 zoning, existing signage, and a layout suited to varied retail and service operations.

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Retail Space with Road Frontage
Retail Space with Road Frontage

543 Bridge Street, Mooresville, IN 46158

$899,000
0.83 AC lot

B3-zoned commercial building with two existing signs and a layout suited to varied business uses.

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12-Screen Movie Theater
12-Screen Movie Theater

555 Creekview Ct, Columbus, IN 47201

Contact for pricing
36,542 sqft 6.83 AC lot

Freestanding entertainment property with substantial parking, signalized access, and multiple entry points serving a regional retail area.

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Multi-Tenant Fitness Center Complex
Multi-Tenant Fitness Center Complex

4171 N 150 W, Columbus, IN 47201

Contact for pricing

Three-building complex accommodates fitness, sports, and office users within Community Commercial zoning.

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Off-Market Properties in Indianapolis, IN

Consider similar Off-Market properties in Indianapolis, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1349 Ridgeview Dr
THEATER (MOVIE)

1349 Ridgeview Dr, Indianapolis, IN 46219

$215,000
Estimated value
9,502 sqft 0.22 AC lot
View details
175 Southern Plz Dr
BOWLING ALLEY

175 Southern Plz Dr, Indianapolis, IN 46227-1421

$510,000
Estimated value
24,339 sqft 3.90 AC lot
View details
7551 Oaklandon Rd
THEATER (MOVIE)

7551 Oaklandon Rd, Indianapolis, IN 46236-9797

Value Estimation by Request
13,134 sqft 7.61 AC lot
View details
11611 75th St
GOLF COURSE

11611 75th St, Indianapolis, IN 46236-8446

$245,000
Estimated value
4,000 sqft 132.76 AC lot
View details
1635 Michigan St
THEATER (MOVIE)

1635 Michigan St, Indianapolis, IN 46222-3852

$810,000
Estimated value
17,280 sqft 6.43 AC lot
View details
5119 Rinehart Ave
THEATER (MOVIE)

5119 Rinehart Ave, Indianapolis, IN 46241

$130,000
Estimated value
1,452 sqft 0.52 AC lot
View details
1210 22nd St
THEATER (MOVIE)

1210 22nd St, Indianapolis, IN 46202-1921

$130,000
Estimated value
2,800 sqft 0.16 AC lot
View details
963 Girls School Rd
THEATER (MOVIE)

963 Girls School Rd, Indianapolis, IN 46214-3669

$1,000,000
Estimated value
30,598 sqft 5.20 AC lot
View details
3014 Arbor Ave
THEATER (MOVIE)

3014 Arbor Ave, Indianapolis, IN 46217-3102

$195,000
Estimated value
1,648 sqft 0.32 AC lot
View details
2905 Carson Ave
THEATER (MOVIE)

2905 Carson Ave, Indianapolis, IN 46203-5259

$485,000
Estimated value
12,901 sqft 8.00 AC lot
View details
2601 Thompson Rd
THEATER (MOVIE)

2601 Thompson Rd, Indianapolis, IN 46227-4450

$450,000
Estimated value
11,773 sqft 5.06 AC lot
View details
3642 Emerson Ave
THEATER (MOVIE)

3642 Emerson Ave, Indianapolis, IN 46218-1736

$220,000
Estimated value
8,680 sqft 0.62 AC lot
View details
3611 34th St
THEATER (MOVIE)

3611 34th St, Indianapolis, IN 46218-2167

$170,000
Estimated value
1,456 sqft 0.42 AC lot
View details
3418 20th St
THEATER (MOVIE)

3418 20th St, Indianapolis, IN 46218-4402

$150,000
Estimated value
1,836 sqft 0.12 AC lot
View details
5885 Crittenden Ave
THEATER (MOVIE)

5885 Crittenden Ave, Indianapolis, IN 46220-2840

$1,060,000
Estimated value
28,653 sqft 3.93 AC lot
View details
1075 Hosbrook St
THEATER (MOVIE)

1075 Hosbrook St, Indianapolis, IN 46203-1013

$205,000
Estimated value
2,560 sqft 0.36 AC lot
View details
6833 Massachusetts Ave
BOWLING ALLEY

6833 Massachusetts Ave, Indianapolis, IN 46226-5651

$755,000
Estimated value
40,440 sqft 5.00 AC lot
View details
2357 Carrollton Ave
THEATER (MOVIE)

2357 Carrollton Ave, Indianapolis, IN 46205-4519

$155,000
Estimated value
4,312 sqft 0.14 AC lot
View details

Indianapolis, IN Sports & Entertainment Properties Market Trends and Statistics

Explore 72 sports & entertainment properties for sale in Indianapolis, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 137,159 square feet of properties for sale, with an estimated market value of $3,979,000.

Sale prices for sports & entertainment properties in Indianapolis, IN start at $729,000, averaging $1,989,500, and reaching up to $3,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Fitness centers & gyms 22
Theaters & concert halls 2
Golf courses & driving ranges 1
Skating rinks 1

Demographics Overview

Population 979K
Population Growth (5Y) +2.8%
Median Household Income $67,417
College Educated 30.4%

High-Yield Neighborhoods for Investment

Identify Indianapolis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46203 $729K

Taxes & Financing

Tax Rate (average for all types) 2.46%
Property Tax per SF $41.61 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Indianapolis fall within the 100,000+ square foot range.

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