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    1401 Washington St Kokomo, IN 46901

    Sponsored
    For Lease
    $10 SF/Yr

    Prime 5,897 sq ft office, high visibility location.

    Lot size:
    5,897 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,897 square foot single-tenant office space is ideally situated on North Washington Street in Howard County, offering unparalleled access to downtown amenities, thriving shopping districts, and a densely populated residential area. The property's retail/office classification provides versatility for a range of businesses. The building features a clear-span layout, maximizing usable space and providing excellent visibility for tenants. Three convenient access doors ensure efficient operations. Ample shared parking is available for employees and clients, addressing a key concern for businesses in high-traffic areas. The building shares space with established retailers, Dollar Tree and Family Dollar, further enhancing the location's appeal and foot traffic. This property presents a unique opportunity for businesses seeking a prominent location with excellent accessibility and ample space to grow. The traditional office layout is complemented by creative office features, making it suitable for a variety of business models. The single-tenant occupancy ensures exclusive use and control of the space. This is a rare opportunity to secure a high-profile location in a vibrant and rapidly developing area.

    Property Features for 1401 Washington St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,897 SF

    Unit(s) available at that property

    Space
    Size
    5,897 SF
    Rate per SF
    $10

    HighLights

    • 5,897 square foot retail and office space in a single‑tenant building.
    • Located in Howard County on North Washington Street, near downtown, shopping, and high‑density residential areas.
    • Features a clear‑span layout with three access doors and ample shared parking.
    • Building also houses Dollar Tree/Family Dollar.
    Property Profile Location Intelligence

    Current Use by Public Records

    Family Dollar Dollar Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.1348674
    Latitude
    40.4990448

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    FAQs

    What type of property is this?
    Office space - Prime 5,897 sq ft office, high visibility location.
    Where is this office space located?
    The property is located at 1401 Washington St Kokomo, IN.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 5,897 square foot retail and office space in a single-tenant building.; Located in Howard County on North Washington Street, near downtown, shopping, and high-density residential areas.; Features a clear-span layout with three access doors and ample shared parking.
    Request Owner's contact information
    1401 Washington St Kokomo, IN 46901
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    Kokomo, IN 46901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1401 Washington St Kokomo, IN 46901
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