Conventional Restaurant

Kokomo, IN Conventional Restaurants for Sale

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Two-Tenant NNN Property
Updated: Mar 11, 2025
Two-Tenant NNN Property

508 E Southway Boulevard, Kokomo, IN 46902

$1,270,000
0.87 AC lot
Two‑tenant commercial building with ATI Physical Therapy and a restaurant occupant
0.87‑acre property on Southway Boulevard in Kokomo
C‑2 zoning
NNN lease arrangements associated with both occupants
Central air conditioning and natural gas heat
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Restaurant and Bar with Storage
Updated: Jul 18
Restaurant and Bar with Storage

113 E Sycamore St, Kokomo, IN 46901

$550,000
4,882 sqft
First‑floor restaurant/bar space in downtown Kokomo
Approximately 4,882 SF on the first floor plus approximately 5,552 SF of downstairs storage
Outside seating available for added guest capacity
Plenty of parking with the property next to two parking garages
Walking distance to downtown attractions including the baseball field, basketball arena, and walking trails
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Drive-Through Restaurant with Storage
Drive-Through Restaurant with Storage

1215 W Jefferson, Kokomo, IN 46901

$299,900
3,600 sqft

Renovated restaurant includes a drive-up window, outdoor dining, and dedicated storage improvements.

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See hot listings in Kokomo

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Freestanding Restaurant Building
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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Profitable Pizza & Pub Package
Profitable Pizza & Pub Package

123 Main St, Kokomo, IN 46901

Contact for pricing
12,000 sqft

Two established Indiana pizza and pub locations for sale.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Kokomo, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Zaxby's Restaurant with Absolute NNN Lease
Zaxby's Restaurant with Absolute NNN Lease

938 N Baldwin Ave, Marion, IN 46952

$3,164,000
2,800 sqft

The Marion restaurant is identified with a 20-year absolute NNN lease.

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Turnkey Restaurant with Apartment
Turnkey Restaurant with Apartment

46 W Canal, Wabash, IN 46992

$315,000
5,472 sqft

Turnkey Pizza King restaurant with a fully equipped kitchen and an upper-level apartment undergoing complete renovation.

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Drive-Through Conventional Restaurant
Drive-Through Conventional Restaurant

1118 Stitt St, Wabash, IN 46992

$225,000
1,352 sqft

Existing kitchen, carryout counter, indoor dining, and outdoor seating support multiple service formats.

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Freestanding Restaurant Space in Marion
Freestanding Restaurant Space in Marion

1510 W Braewick Dr, Marion, IN 46952

Contact for pricing
6,705 sqft

6,705 sq ft restaurant space in Marion, Indiana.

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Kokomo, IN Conventional Restaurants Market Trends and Statistics

Explore 5 conventional restaurants for sale in Kokomo, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 30,917 square feet of properties for sale, with an estimated market value of $2,119,900.

Sale prices for conventional restaurants in Kokomo, IN start at $299,900, averaging $706,633, and reaching up to $1,270,000 — 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

Conventional restaurants 7
Bars & Pubs 3
Coffee shops 2
Drive through restaurants 2

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
46901 $425K
46902 $1.3M

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 25,000 to 50,000 square foot range.

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