Kokomo, IN Commercial Real Estate for Sale

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Updated: Mar 25

Established Car Wash with Billboard

3550 South Lafountain Street, Kokomo, IN 46902

$550,000

4,095 sqft 0.59 AC lot

Advertising billboard on site provides income
4,095 SF Building offers ample space
Zoning: C‑2 Medium to Large Scale Commercial
Two access points from Lafountain St
±0.59 AC

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This listing looks promising.

Here's a quick look at some key insights for

3550 South Lafountain Street, Kokomo, IN, 46902

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Est. Cap Rate

8%
Above avg (5.9%)
Est. NOI

$44K
Annual
Price @ 7% Cap

$625K
Above asking
Property Type

Car Wash
Built 1971

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Updated: Apr 10

Multi-Tenant Retail Building

1805 E Hoffer Street, Kokomo, IN 46902

$950,000

0.57 AC lot

Multi‑tenant commercial building built in 2015
5,508 SF building with three tenant spaces for investor or owner‑user use
Flat roof
Central air cooling
Interior flooring includes carpet, mixed flooring, and tile

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Corner Commercial Development Lot

2695 S Webster Street, Kokomo, IN 46902

$194,900

0.62 AC lot

0.62-acre corner lot with frontage on two streets in Kokomo, Indiana.

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Move-In Ready Storefront Building

841 S MAIN Street, Kokomo, IN 46902

$149,900

0.06 AC lot

Storefront building with two bathrooms and off-street parking, with additional street parking and a trail behind.

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Two-Unit Retail/Office Building

3210 S LAFOUNTAIN Street, Kokomo, IN 46902

$249,900

0.17 AC lot

Stucco building with two separate units, ample parking, and a large lighted billboard-style sign.

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Retail Storefront Building with Parking

145 CREEKSIDE Drive, Kokomo, IN 46901

$275,000

0.68 AC lot

Built in 1986, this storefront building offers ample parking and access to Route 931.

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Kokomo Retail Investment Opportunity

508 E Southway Boulevard, Kokomo, IN 46902

$1,360,000

0.87 AC lot

Two-tenant building on high-traffic Southway Blvd. with strong income.

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Heated Warehouse with Office

604 Albany Dr, Kokomo, IN 46902

$599,900

13,750 sqft

Heated warehouse space with multiple overhead doors and a dedicated office component, supported by two 400 amp electrical services.

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Brick Office Building with Garage

2020 E Boulevard Street, Kokomo, IN 46902

$215,000

0.44 AC lot

Well-maintained brick office building with open floorplan, updated lighting, and on-site parking plus garage.

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Restaurant Building with Commercial Kitchen

2222 N Plate Street, Kokomo, IN 46901

$128,277

0.17 AC lot

Restaurant building with commercial hood filter and Ansul fire suppression plus 2 public bathrooms.

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Industrial Flex Property with Expansion Space

1940 South Elizabeth St, Kokomo, IN 46902

$1,275,000

12,000 sqft

Nearly 12,000 SF available in Kokomo for an owner-user or investor near a major manufacturing plant.

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Build-Ready Residential Acreage

429 N N 1050 W Road, Kokomo, IN 46901

$92,500

2.91 AC lot

2.91-acre build-ready lot with completed soil testing, storage shed, and power available at the road.

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Flex and Warehouse with Showroom

394 S 00 EW Road, Kokomo, IN 46902

$799,000

10.00 AC lot

Main building includes showroom, office, restrooms, and garage, plus two storage units and a large parking lot.

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Downtown Kokomo Commercial Property

618 South Main Street, Kokomo, IN 46901

$599,900

36,547 sqft

Versatile commercial building in downtown Kokomo with parking.

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Vacant Land Zoned for Both

2024 E Boulevard Street, Kokomo, IN 46902

Contact for pricing

0.22 AC lot

0.22-acre vacant lot in Kokomo, IN, zoned for both residential and commercial use.

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Productive Farmland Investment Tract

350 South West, Kokomo, IN 46902

$1,250,260

2,475,515 sqft 56.00 AC lot

Over 56 acres of productive tillable farmland with drainage tile installed in 2020 in western Howard County.

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Remodeled Office and Classroom Building

1931 S Elizabeth Street, Kokomo, IN 46902

$899,000

8,091 sqft 1.95 AC lot

Remodeled in 2020 with multiple offices/classrooms, updated HVAC, modern restrooms, stained concrete floors, and on-site parking.

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Versatile Flex Commercial Space

1930 N Courtland Ave, Kokomo, IN 46901

$169,000

3,700 sqft

Approximately 3,700 sq. ft. flex space with a wide-open layout and recent upgrades including a new roof and HVAC.

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Freestanding Restaurant Building

287 South 00ew, Kokomo, IN 46902

Contact for pricing

10,435 sqft 2.44 AC lot

Freestanding former restaurant building on a 2.44-acre site with parking and included built-in restaurant fixtures.

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High Intensity Industrial Land

0 East 400 North, Kokomo, IN 46901

$2,201,150

1,009,285 sqft 23.17 AC lot

Industrial land with utilities available and high intensity industrial zoning, located near US 31 bypass and StarPlus Energy.

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Four-Tenant Office Complex

2981 S Webster St, Kokomo, IN 46902

Contact for pricing

8,064 sqft 0.93 AC lot

Well-maintained office complex with four tenant units and private parking.

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Restaurant and Bar with Storage

113 E Sycamore St, Kokomo, IN 46901

$550,000

10,434 sqft

First-floor restaurant/bar space with outside seating and substantial downstairs storage, plus parking next to two parking garages.

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Updated Flex Space with Parking

2402 South Goyer Road, Kokomo, IN 46902

$449,900

47,480 sqft

Updated flex/warehouse space with reception area, ample storage, and a large parking lot on a separate parcel ID.

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Corner Retail Space with Second Level

929 S Bell St, Kokomo, IN 46902

$169,900

1,800 sqft

Remodeled retail corner space with an open main layout, open second-level area, and generous parking access.

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Kokomo, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Kokomo, IN, showcased through 66 active listings on our real estate platform. These investment opportunities span a total of 6,554,320 square feet of properties for sale, with an estimated market value of $21,772,874.

Sale prices for business properties in Kokomo, IN start at $34,999, averaging $531,045, and reaching up to $4,035,000 — 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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Demographics Overview

Population 75K

Population Growth (5Y) -0.9%

Median Household Income $60,311

College Educated 12.3%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
46902	$773.6K
46901	$957.1K

Taxes & Financing

Tax Rate (average for all types) 2.69%

Property Tax per SF $47.33 per SF

Tax Rate vs County Average 0.02 pp above county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Kokomo fall within the 10,000 to 25,000 square foot range.

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