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Four-Tenant Office Complex
For Sale
Contact for pricing
Pending

2981 South Webster Street, Kokomo, IN 46902

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

Property Size8,064 SF
Lot Size0.93 Acres
Days on Market117

Property Features for 2981 South Webster Street

General Information

Standard status Pending
Size 8,064 SF
Class B
Lot size 0.93 Acres
Property subtype Office
Zoning B-1
Occupancy 100%
Lease Type Modified Gross
Net Operating Income $79,800

Additional Details

Office Units 4

Building Details

Year Built 2004
Buildings 1
Stories 1
Units 4
Tenancy Multi
Listing Agency: Harrold-Chandler Real Estate LLC
Listed By: Tom Harrold · License #IN RB14022360
Source: Crexi
Added: Apr 29 Changed: Aug 15 Last Checked: Aug 23 at 10:25AM

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 Harrold-Chandler Real Estate LLC

Investment Insights

Based on property information with market context.

Introducing a well-maintained four-tenant office complex at 2981 S Webster St in Kokomo, Indiana. The property consists of a 8,064 SF building on a 0.93-acre lot and is configured to serve multiple tenants within a single office complex. Private parking is available for tenant convenience.

This owner-occupied office property is positioned near the main post office, as well as restaurants, hospitals, and retail establishments.

The offering presents an income-producing office arrangement with four credit tenants in place.

Key Highlights

  • Four‑tenant office complex at 2981 S Webster St, Kokomo, IN 46902
  • 8,064 SF office building on a 0.93‑acre lot; built in 2004
  • Annual NOI of $79,800 with four credit tenants

Property Analytics

Current Use

Brian Cossell - State ... Insurance Agency Argus Complex Construction Company

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Computer & Electronic Repair Plumbing Service (Bike/Boat/Book/etc) Store

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

4
Office units

Location Intelligence

Trade Area within ½ mile

386
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

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 - Well-maintained office complex with four tenant units and private parking.
Where is this office units located?
The property is located at 2981 South Webster Street Kokomo, IN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Four‑tenant office complex at 2981 S Webster St, Kokomo, IN 46902; 8,064 SF office building on a 0.93‑acre lot; built in 2004; Annual NOI of $79,800 with four credit tenants
(765) 438-0649 Call to check price and availability
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