Kokomo, IN Restaurants for Sale

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Updated: Oct 15, 2024

Versatile Commercial Space For Sale

408 E Center Road, Kokomo, IN 46902

$425,000

4,000 sqft

Prime commercial property at the intersection of Center Road and 931
Over 4,000 square feet of versatile space
Excellent visibility and accessibility
Ample parking to accommodate high traffic
Well‑equipped prep area and walk‑in refrigerator

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This listing looks promising.

Here's a quick look at some key insights for

408 E Center Road, Kokomo, IN 46902

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Est. Cap Rate

4%
NOI ÷ price
Est. NOI

$17K
Annual
Price @ 7% Cap

$242K
Suggested
Property Type

Restaurant
Built 1981

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Updated: Apr 14

Move-In Ready Storefront Building

841 S MAIN Street, Kokomo, IN 46902

$149,900

0.06 AC lot

Move‑in ready commercial building built in 1958
Two bathrooms and finished wood flooring
Flat asphalt roof
Off‑street parking plus additional street parking
Industrial Heritage Trail runs directly behind the building

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Kokomo Retail Investment Opportunity

508 E Southway Boulevard, Kokomo, IN 46902

$1,360,000

0.87 AC lot

Two-tenant building on high-traffic Southway Blvd. with strong income.

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Restaurant Building with Commercial Kitchen

2222 N Plate Street, Kokomo, IN 46901

$128,277

0.17 AC lot

Restaurant building with commercial hood filter and Ansul fire suppression plus 2 public bathrooms.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Freestanding Restaurant Building

287 South 00ew, Kokomo, IN 46902

Contact for pricing

10,435 sqft 2.44 AC lot

Freestanding former restaurant building on a 2.44-acre site with parking and included built-in restaurant fixtures.

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Restaurant and Bar with Storage

113 E Sycamore St, Kokomo, IN 46901

$550,000

10,434 sqft

First-floor restaurant/bar space with outside seating and substantial downstairs storage, plus parking next to two parking garages.

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Profitable Pizza & Pub Package

123 Main St, Kokomo, IN 46901

Contact for pricing

12,000 sqft

Two established Indiana pizza and pub locations for sale.

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Retail

2903 S Washington Street, Kokomo, IN 46902

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950 sqft 0.67 AC lot

NNN properties · 950 SF

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Kokomo Retail/Restaurant Opportunity For Sale

408 E Center Rd, Kokomo, IN

Contact for pricing

4,184 sqft 0.66 AC lot

Retail or restaurant property for sale in Kokomo, Indiana.

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Turnkey Restaurant with Equipped Kitchen

706 W Jefferson St, Kokomo, IN 46901

$250,000

Fully renovated in 2025, the restaurant includes a walk-in refrigerator, professional exhaust system, and installed restaurant equipment.

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Restaurant Building Near Markland Mall

909 Belvedere Dr, Kokomo, IN 46901

Contact for pricing

4,927 sqft

Restaurant building for sale with parking and new metal roof.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Kokomo, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Downtown Wabash Investment Opportunity

78 West Canal Street, Wabash, IN 46992

$1,500,000

5,663 sqft

Two commercial buildings plus seven apartments in downtown Wabash.

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Turnkey Restaurant with Apartment

46 W Canal St, Wabash, IN 46992

Contact for pricing

Turnkey Pizza King restaurant with a fully equipped kitchen and an upper-level apartment undergoing complete renovation.

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Freestanding Restaurant Space in Marion

1510 W Braewick Dr, Marion, IN 46952

Contact for pricing

6,705 sqft

6,705 sq ft restaurant space in Marion, Indiana.

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Vacant Restaurant Redevelopment Site

2013 S Western Ave, Marion, IN 46953

Contact for pricing

Vacant restaurant property in Marion, Indiana, offered as a redevelopment opportunity.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

C-3 Zoned Development Land

8440 E 216th Street, Cicero, IN 46034

$700,000

4.53 AC lot

4.53-acre Hamilton County site zoned C-3, including a residence plus horse barn and pasture.

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Commercial Land Zoned AG-SF1

823 W State Road 32, Westfield, IN 46074

$1,350,000

5.13 AC lot

Vacant land totaling 5.13 acres, located directly on Highway 32 and zoned AG-SF1 for commercial use.

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Zoned Corner Commercial Land

45 S 600 E Street, Marion, IN 46953

$425,000

1.16 AC lot

Corner lot with zoning approved for gas stations, restaurants, and hotels, including access via a traffic signal.

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Commercial Corner Development Land

6076 E Corridor Drive, Marion, IN 46953

$1,100,152

3.05 AC lot

Corner commercial land near I-69 offers visibility for planned hotel or restaurant development in Marion, Indiana.

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Off-Market Properties in Kokomo, IN

Consider similar Off-Market properties in Kokomo, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RESTAURANT

1536 Dixon Rd, Kokomo, IN 46902-5997

Value Estimation by Request

3,589 sqft 1.16 AC lot

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RESTAURANT

2335 0 Ns, Kokomo, IN 46901

Value Estimation by Request

3,017 sqft 0.53 AC lot

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RESTAURANT

3315 Lafountain St, Kokomo, IN 46902-3715

Value Estimation by Request

4,016 sqft 1.44 AC lot

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RESTAURANT

3730 Reed Rd, Kokomo, IN 46902-3829

Value Estimation by Request

6,360 sqft 0.30 AC lot

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RESTAURANT

151 Reed Rd, Kokomo, IN 46901-4993

Value Estimation by Request

2,012 sqft 0.46 AC lot

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RESTAURANT

401 Lincoln Rd, Kokomo, IN 46902-3716

Value Estimation by Request

2,015 sqft 0.69 AC lot

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RESTAURANT

1310 Reed Rd, Kokomo, IN 46901-2590

Value Estimation by Request

2,512 sqft 1.88 AC lot

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RESTAURANT

1900 Plate St, Kokomo, IN 46902-5732

Value Estimation by Request

4,869 sqft 1.33 AC lot

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RESTAURANT

3705 Reed Rd, Kokomo, IN 46902-3813

Value Estimation by Request

3,524 sqft 1.07 AC lot

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RESTAURANT

1714 Markland Ave, Kokomo, IN 46901-6232

Value Estimation by Request

2,015 sqft 0.16 AC lot

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RESTAURANT

401 Arrow St, Kokomo, IN 46902-5390

Value Estimation by Request

3,020 sqft 1.09 AC lot

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RESTAURANT

2328 Sycamore St, Kokomo, IN 46901-4108

Value Estimation by Request

5,550 sqft 1.74 AC lot

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RESTAURANT

710 Reed Rd, Kokomo, IN 46901-5629

Value Estimation by Request

3,326 sqft 0.99 AC lot

View details

Kokomo, IN Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Kokomo, IN, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 46,930 square feet of properties for sale, with an estimated market value of $2,863,177.

Sale prices for restaurant properties in Kokomo, IN start at $128,277, averaging $477,196, and reaching up to $1,360,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 75K

Population Growth (5Y) -0.9%

Median Household Income $60,311

College Educated 12.3%

High-Yield Neighborhoods for Investment

Identify Kokomo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46901	$306.3K
46902	$1.5M

Taxes & Financing

Tax Rate (average for all types) 2.69%

Property Tax per SF $47.33 per SF

Tax Rate vs County Average 0.02 pp above county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Kokomo fall within the 25,000 to 50,000 square foot range.

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Kokomo, IN Restaurants for Sale

408 E Center Road, Kokomo, IN 46902

841 S MAIN Street, Kokomo, IN 46902

508 E Southway Boulevard, Kokomo, IN 46902

2222 N Plate Street, Kokomo, IN 46901

287 South 00ew, Kokomo, IN 46902

113 E Sycamore St, Kokomo, IN 46901

123 Main St, Kokomo, IN 46901

2903 S Washington Street, Kokomo, IN 46902

408 E Center Rd, Kokomo, IN

706 W Jefferson St, Kokomo, IN 46901

909 Belvedere Dr, Kokomo, IN 46901

Opportunities in Nearby Cities

78 West Canal Street, Wabash, IN 46992

46 W Canal St, Wabash, IN 46992

1510 W Braewick Dr, Marion, IN 46952

2013 S Western Ave, Marion, IN 46953

Potential Development Sites for Consideration

8440 E 216th Street, Cicero, IN 46034

823 W State Road 32, Westfield, IN 46074

45 S 600 E Street, Marion, IN 46953

6076 E Corridor Drive, Marion, IN 46953

Off-Market Properties in Kokomo, IN

1536 Dixon Rd, Kokomo, IN 46902-5997

2335 0 Ns, Kokomo, IN 46901

3315 Lafountain St, Kokomo, IN 46902-3715

3730 Reed Rd, Kokomo, IN 46902-3829

151 Reed Rd, Kokomo, IN 46901-4993

401 Lincoln Rd, Kokomo, IN 46902-3716

1310 Reed Rd, Kokomo, IN 46901-2590

1900 Plate St, Kokomo, IN 46902-5732

3705 Reed Rd, Kokomo, IN 46902-3813

1714 Markland Ave, Kokomo, IN 46901-6232

401 Arrow St, Kokomo, IN 46902-5390

2328 Sycamore St, Kokomo, IN 46901-4108

710 Reed Rd, Kokomo, IN 46901-5629

Kokomo, IN Restaurants Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Property Size Breakdown

Need Help?

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