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Office Building with Suite B
For Sale
$650,000

315 N Main Street, Kokomo, IN 46901

Two-part commercial layout combines a finished front office area with an income-producing rear suite.

Property Size6,458 SF
Price / SF$100.65
Days on Market217

Property Features for 315 N Main Street

General Information

Standard status Active
Size 6,458 SF
Property subtype Office

Additional Details

Office Units 2

Taxes and HOA fees

Annual Taxes $4,962

Amenities

Central Air
3
50 x 132

Building Details

Year Built 1905
Buildings 1
Building Size 6,458 SF
Listing Agency: Fortune Companies, Inc
Listed By: DJ Butcher · License #RB20000053
Source: Xome
Added: Jan 25 Changed: Aug 30 Last Checked: Aug 30 at 2:07PM

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.

Constructed in 1905, this office building provides approximately 6,458 square feet across two distinct areas. The 3,815-square-foot front section includes a reception area with natural light, multiple offices, a break room, conference room, and two bathrooms. Central air serves the property.

Suite B occupies the rear 2,643 square feet and is currently leased on a month-to-month basis. The space may support continued leasing, storage, or additional office use, subject to applicable requirements. The property sits on a 50 x 132 parcel at 315 N Main Street in Downtown Kokomo.

Key Highlights

  • Approximately 6,458 sq. ft. total building area
  • Front section contains approximately 3,815 sq. ft. with reception, offices, break room, conference room, and two bathrooms
  • Rear Suite B contains 2,643 sq. ft. and is leased month‑to‑month

Property Analytics

Current Use

Bucheri McCarty & Metz ... Accounting Firm Bulldog Plumbing, Heating, ... HVAC Service Kokomo Reefers (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Parking Lot & Garage Pharmacy Accounting Firm

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

2
Office units

Location Intelligence

Trade Area within ½ mile

811
Businesses Nearby

Demographics for 46901, IN

38,072
Population
18,307
Households
2.1
Avg Household Size
41
Median Age
17%
College-Educated
90%
High-School Grad
140.9 sq mi
ZIP Area
270
Density / Sq Mi
$61,041
Median Household Income
$37,107
Median Earnings
$869
Median Rent
$131,700
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 building - Two-part commercial layout combines a finished front office area with an income-producing rear suite.
Where is this office building located?
The property is located at 315 N Main Street Kokomo, IN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Approximately 6,458 sq. ft. total building area; Front section contains approximately 3,815 sq. ft. with reception, offices, break room, conference room, and two bathrooms; Rear Suite B contains 2,643 sq. ft. and is leased month‑to‑month
More about this property
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