Kokomo, IN Restaurants for Sale

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Updated: Apr 14

Storefront Building with Parking

841 S MAIN Street, Kokomo, IN 46902

$149,900

0.06 AC lot

0.06‑acre storefront property at 841 S MAIN Street, Kokomo, IN 46902
Two bathrooms and finished wood flooring
Off‑street parking plus additional street parking
Industrial Heritage Trail runs directly behind the building
Built in 1958 with a flat asphalt roof

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Updated: Mar 11, 2025

Two-Tenant NNN Property

508 E Southway Boulevard, Kokomo, IN 46902

$1,360,000

0.87 AC lot

Two‑tenant commercial building on a 0.87‑acre site
C‑2 zoning in Kokomo, IN 46902
Reported 7.8% Cap Rate
NNN lease structure with established physical therapy and restaurant occupancy
Security system, carpeting, restrooms, and 220‑volt service

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Drive-Through Restaurant with Storage

1215 W Jefferson, Kokomo, IN 46901

$299,900

3,600 sqft

Renovated restaurant includes a drive-up window, outdoor dining, and dedicated storage improvements.

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See what stands out in Howard County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Restaurant and Bar with Storage

113 E Sycamore St, Kokomo, IN 46901

$550,000

4,882 sqft

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

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Restaurant Building Near Markland Mall

909 Belvedere Dr, Kokomo, IN 46901

$425,000

4,627 sqft

Restaurant building for sale with parking and new metal roof.

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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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Drive-Through Restaurant Building

2000 S Washington Street, Kokomo, IN 46902

Contact for pricing

3,000 sqft

2022 construction includes a kitchen, dining area, dedicated parking, and drive-through service.

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Profitable Pizza & Pub Package

123 Main St, Kokomo, IN 46901

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12,000 sqft

Two established Indiana pizza and pub locations for sale.

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Retail

2903 S Washington Street, Kokomo, IN 46902

Contact for pricing

950 sqft 0.67 AC lot

NNN properties · 950 SF

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Versatile Commercial Space For Sale

408 E Center Road, Kokomo, IN 46902

$425,000

4,000 sqft

Prime commercial property with high visibility and ample parking.

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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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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.

Turnkey Café and Catering Building

20 E 5th St, Peru, IN 46970

$799,000

5,940 sqft

Renovated commercial café and catering building includes a hot kitchen, dining and outdoor seating, plus an unfinished second floor.

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Equipped Restaurant and Bar

304 N Jefferson St, Converse, IN 46919

$155,000

5,413 sqft

Restaurant and bar with commercial kitchen equipment, multiple dining areas, event-oriented features, and an upper-level former apartment.

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Pizza Restaurant with Equipment

109 N Jefferson Street, Converse, IN 46919

$220,000

Operating restaurant sale includes the building, commercial kitchen assets, supplies, and transferable business agreements.

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New Retail Space with Drive-Through Potential

811 W Main St, Peru, IN 46970

Contact for pricing

Recently built commercial space with a flexible layout and potential for drive-through operations.

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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 at Signalized Corner

45 S 600 E Street, Marion, IN 46953

$425,000

1.16 AC lot

Commercial land with approved zoning for gas stations, restaurants, and hotels.

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Commercial Land with Highway Visibility

6076 E Corridor Drive, Marion, IN 46953

$1,100,152

3.05 AC lot

Commercial land positioned near Ivy Tech, a Pilot truck stop, and an Arby’s restaurant.

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Planned Business Commercial Land

4844 Conner Street, Noblesville, IN 46060

$1,799,000

2.20 AC lot

PB-zoned parcel positioned along the SR 38 and SR 32 corridor.

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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

Estimated value:

$330,000

3,589 sqft 1.16 AC lot

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RESTAURANT

2335 0 Ns, Kokomo, IN 46901

Estimated value:

$265,000

3,017 sqft 0.53 AC lot

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RESTAURANT

3315 Lafountain St, Kokomo, IN 46902-3715

Estimated value:

$250,000

4,016 sqft 1.44 AC lot

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RESTAURANT

3730 Reed Rd, Kokomo, IN 46902-3829

Estimated value:

$310,000

6,360 sqft 0.30 AC lot

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RESTAURANT

151 Reed Rd, Kokomo, IN 46901-4993

Estimated value:

$330,000

2,012 sqft 0.46 AC lot

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RESTAURANT

401 Lincoln Rd, Kokomo, IN 46902-3716

Estimated value:

$320,000

2,015 sqft 0.69 AC lot

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RESTAURANT

1310 Reed Rd, Kokomo, IN 46901-2590

Estimated value:

$355,000

2,512 sqft 1.88 AC lot

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RESTAURANT

1900 Plate St, Kokomo, IN 46902-5732

Estimated value:

$285,000

4,869 sqft 1.33 AC lot

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RESTAURANT

3705 Reed Rd, Kokomo, IN 46902-3813

Estimated value:

$330,000

3,524 sqft 1.07 AC lot

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RESTAURANT

1714 Markland Ave, Kokomo, IN 46901-6232

Estimated value:

$345,000

2,015 sqft 0.16 AC lot

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RESTAURANT

401 Arrow St, Kokomo, IN 46902-5390

Estimated value:

$320,000

3,020 sqft 1.09 AC lot

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RESTAURANT

2328 Sycamore St, Kokomo, IN 46901-4108

Estimated value:

$315,000

5,550 sqft 1.74 AC lot

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RESTAURANT

710 Reed Rd, Kokomo, IN 46901-5629

Estimated value:

$350,000

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 47,678 square feet of properties for sale, with an estimated market value of $3,209,800.

Sale prices for restaurant properties in Kokomo, IN start at $149,900, averaging $534,966, 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	$425K
46902	$645K

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

841 S MAIN Street, Kokomo, IN 46902

508 E Southway Boulevard, Kokomo, IN 46902

1215 W Jefferson, Kokomo, IN 46901

113 E Sycamore St, Kokomo, IN 46901

909 Belvedere Dr, Kokomo, IN 46901

287 South 00ew, Kokomo, IN 46902

2000 S Washington Street, Kokomo, IN 46902

123 Main St, Kokomo, IN 46901

2903 S Washington Street, Kokomo, IN 46902

408 E Center Road, Kokomo, IN 46902

408 E Center Rd, Kokomo, IN

Opportunities in Nearby Cities

20 E 5th St, Peru, IN 46970

304 N Jefferson St, Converse, IN 46919

109 N Jefferson Street, Converse, IN 46919

811 W Main St, Peru, IN 46970

Potential Development Sites for Consideration

8440 E 216th Street, Cicero, IN 46034

45 S 600 E Street, Marion, IN 46953

6076 E Corridor Drive, Marion, IN 46953

4844 Conner Street, Noblesville, IN 46060

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

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