 With a capacity of 3,500, Gandzasar Stadium is located at the centre of the town of Kapan, on the left bank of Voghji River, between Aram Manukian and Hovhannes Tumanyan streets.Kapan town hall is located at the eastern edge of the stadium

The stadium was opened during the Soviet period in 1963 as Lernagorts Stadium, being home to Lernagorts Kapan.It remained under the ownership of the town council until 2004, when it was privatized and sold to the Gandzasar Sprts Centre LLC owned by Gagik Ohanjanyan.