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Remodeled Office Units
For Lease
$2,500/Mo

1502 E Hoffer St, Kokomo, IN 46902

Flexible office configuration with multiple entrances, dedicated parking, and convenient access to 931.

Space SizeContact for details
Days on Market34

Property Features for 1502 E Hoffer St

General Information

Standard status Active

Space & Availability

Space Use Office
Private Offices 4

Additional Details

Highway Access Yes

Building Details

Year Built 1880
Listing Agency: Fortune Companies, Inc
Listed By: DJ Butcher · License #RB20000053
Source: Callcriswell
Added: Jul 26 Changed: Aug 28 Last Checked: Aug 25 at 4:14AM

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 Fortune Companies, Inc

Investment Insights

Based on property information with market context.

Newly remodeled office units provide 1,643 square feet of commercial workspace within a building originally constructed in 1880. The layout includes four offices, a reception area if needed, 2.5 baths, and multiple entrances for functional daily access.

Dedicated parking is included, and the property is located near 931 in Kokomo, Indiana, supporting convenient connectivity for office users. The adaptable configuration can accommodate businesses seeking separate work areas and a defined reception function.

Key Highlights

  • 1,643 SF of office space
  • Four private offices with reception area if needed
  • 2.5 baths and multiple entrances

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store Real Estate Agency Home Appliance Store Veterinary Clinic Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.74 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

626
Businesses Nearby

Demographics for 46902, IN

36,038
Population
18,004
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
50.7 sq mi
ZIP Area
711
Density / Sq Mi
$59,548
Median Household Income
$36,902
Median Earnings
$929
Median Rent
$154,400
Median Home Value

Market

Lease Benchmarks for Kokomo, IN

$13.17 /SF/Yr
Avg Asking Price
$12–$16.94 /SF/Yr
Price Range
3,347 SF
Avg Space Size

This space is priced 39% above the average of $13.17 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office configuration with multiple entrances, dedicated parking, and convenient access to 931.
Where is this office units located?
The property is located at 1502 E Hoffer St Kokomo, IN.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 1,643 SF of office space; Four private offices with reception area if needed; 2.5 baths and multiple entrances
More about this property
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