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    Industrial Flex Property with Expansion Space Title is generated by Realmo AI

    1940 South Elizabeth St Kokomo, Kokomo, IN 46902

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    New
    For Sale
    $1,275,000

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

    Type:Retail
    Property size:
    12,000 SF
    Price / SF:
    $106/SF
    Added:
    Jun 25, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 27 at 1:52 am

    Property Features for 1940 South Elizabeth St Kokomo

    General Information

    Standard status
    Active
    Size
    12,000 SF
    Property subtype
    Retail

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    Dan Lariccia

    Listing office

    Listing date Jun 25, 2026

    Source Passovgroup

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Dan Lariccia

    HighLights

    • Nearly 12,000 SF available in Kokomo for an owner‑user or investor
    • Property is across the street from the 3,100,000 SF Chrysler Transmission Plant
    • Largest tenants recently executed long‑term extensions
    • Built‑in rental increases tied to the tenant leases
    • Nearly 12,000 SF offers upside for income or owner/user use

    Overview

    This industrial flex property presents an investment and owner-user mix, with existing tenancy that includes largest tenants recently executing long-term extensions. The current structure also includes built-in rental increases, supporting ongoing rent growth over time. In addition, nearly 12,000 SF is available, which can be used for additional income or for an owner-user seeking space within the same facility.

    The property is located across the street from the 3,100,000 square foot Chrysler Transmission Plant. That proximity places the asset within an active industrial employment environment.

    For tenants and owner-users, the availability of nearly 12,000 SF creates a straightforward path to occupy additional space while maintaining income from the remainder of the property. For investors, the combination of extended lease commitments from the largest tenants and built-in rental increases can be an important factor when evaluating durability of cash flow. The property’s flex orientation can support a range of industrial uses, while the near-term availability provides flexibility for whichever strategy is preferred.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.113412
    Latitude
    40.464308

    FAQs

    What type of property is this?
    Flex space - Nearly 12,000 SF available in Kokomo for an owner-user or investor near a major manufacturing plant.
    Where is this flex space located?
    The property is located at 1940 South Elizabeth St Kokomo Kokomo, IN.
    What is the asking price?
    The asking price for this property is $1,275,000.
    What are key features of this property?
    This property features: Nearly 12,000 SF available in Kokomo for an owner‑user or investor; Property is across the street from the 3,100,000 SF Chrysler Transmission Plant; Largest tenants recently executed long‑term extensions
    More about this property
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