Two-Tenant NNN
For Sale
$1,270,000
508 E Southway Boulevard, Kokomo, IN 46902
COMMERCIAL/INDUSTRIAL, Kokomo, IN
Property SizeContact for details
Lot Size0.87 Acres
Days on Market565
Property Features for 508 E Southway Boulevard
General Information
Property type
Residential
Property subtype
Retail
Zoning
C-2
Security features
Security System
Interior features
Security System, Carpeting, Restroom(s), 220 Volts, Handicap Access
Accessibility
Accessible Approach with Ramp
Subdivision
Kokomo
Standard status
Active
APN
34-10-18-101-034.000-002
Lot size
0.87 Acres
Utilities
Heating system
Natural Gas
Cooling system
Central Air
Listing Agency:
REMAX R.E.A. · RE/MAX International
(812) 235-4433
Listed By:
Dave Cash · License #RB14017104
(812) 243-0930
Added: Mar 11, 2025
Changed: Sep 15
Last Checked: Sep 26 at 12:06AM
MLS# 105764
Copyright © 2026 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-tenant commercial property includes space occupied by ATI Physical Therapy and a restaurant operator with multiple locations. The building is classified C-2 and measures 0.87 acres, with central air conditioning, natural gas heat, restrooms, carpeting, a security system, and 220-volt service. Accessibility features include a handicap-accessible approach with ramp.
Located on Southway Boulevard in Kokomo, the property benefits from the corridor’s stated high-traffic setting. Both occupants are associated with NNN lease arrangements, including an ATI Physical Therapy NNN lease and an NNN contribution from the restaurant occupant. The configuration combines established commercial occupancy with a range of existing building systems and accessibility improvements.
Located on Southway Boulevard in Kokomo, the property benefits from the corridor’s stated high-traffic setting. Both occupants are associated with NNN lease arrangements, including an ATI Physical Therapy NNN lease and an NNN contribution from the restaurant occupant. The configuration combines established commercial occupancy with a range of existing building systems and accessibility improvements.
Key Highlights
- Two‑tenant commercial building with ATI Physical Therapy and a restaurant occupant
- 0.87‑acre property on Southway Boulevard in Kokomo
- C‑2 zoning
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
885
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Two occupants operate under NNN lease arrangements in a C-2 building with central air and accessible entry.
Where is this nnn property located?
The property is located at 508 E Southway Boulevard Kokomo, IN.
What is the asking price?
The asking price for this property is $1,270,000.
What are key features of this property?
This property features: Two‑tenant commercial building with ATI Physical Therapy and a restaurant occupant; 0.87‑acre property on Southway Boulevard in Kokomo; C‑2 zoning
