Kokomo, IN Retail Space 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 10

Multi-Tenant Retail Building

1805 E Hoffer Street, Kokomo, IN 46902

$950,000

0.57 AC lot

Multi‑tenant commercial building built in 2015
5,508 SF building with three tenant spaces for investor or owner‑user use
Flat roof
Central air cooling
Interior flooring includes carpet, mixed flooring, and tile

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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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Versatile Flex Commercial Space

1930 N Courtland Ave, Kokomo, IN 46901

$169,000

3,700 sqft

Approximately 3,700 sq. ft. flex space with a wide-open layout and recent upgrades including a new roof and HVAC.

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Corner Retail Space with Second Level

929 S Bell St, Kokomo, IN 46902

$169,900

1,800 sqft

Remodeled retail corner space with an open main layout, open second-level area, and generous parking access.

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All-Brick Live-Work Building

3855 S Dixon Road, Kokomo, IN 46902

$349,900

All-brick commercial live-work property with a large concrete parking area and an NC zoning designation.

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Versatile Office and Retail Building

131 Creekside Drive, Kokomo, IN 46901

$70,000

14,810 sqft 0.34 AC lot

Handicap accessible commercial building with ample parking and easy access to Interstate 931 for office or retail use.

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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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Kokomo Warehouse and Retail Opportunity

1500 N Reed Rd, Kokomo, IN 46901

Contact for pricing

100,968 sqft 8.00 AC lot

100,968 SF building near new battery plant for sale.

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Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 9 Active listings in Kokomo, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 1 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.

Multi-Building Retail Investment

2400-2420 East Market Street, Logansport, IN 46947

$399,000

31,799 sqft 0.73 AC lot

Three separate retail buildings on a high-traffic corner are offered, with two currently rented and one vacant.

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Logansport Multi-Use Investment Opportunity

3325 E Market St, Logansport, IN 46947

Contact for pricing

9,848 sqft 3.99 AC lot

Multi-use property with retail, shop, garage, and land.

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Remodeled Retail Building with Dual HVAC

600 Chili Ave, Peru, IN 46970

$80,000

Former retail building featuring separate exhaust for four downstairs rooms and dedicated HVAC systems for each floor.

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Retail Pad Site in Kroger Lot

930 W Main St, Peru, IN 46970

Contact for pricing

Developed pad site located within Kroger’s parking lot, with size varying to meet tenant needs.

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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.

PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000

2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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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.

RETAIL STORES (PERSONAL SERVICES)

303 Main St, Kokomo, IN 46901-5463

Value Estimation by Request

668 sqft 0.80 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1637 Sycamore St, Kokomo, IN 46901-4996

Value Estimation by Request

0.12 AC lot

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RETAIL STORES (PERSONAL SERVICES)

101 Defenbaugh St, Kokomo, IN 46902-6322

Value Estimation by Request

2,148 sqft 0.07 AC lot

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RETAIL STORES (PERSONAL SERVICES)

106 Walnut St, Kokomo, IN 46901-4514

Value Estimation by Request

8,712 sqft 0.10 AC lot

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RETAIL STORES (PERSONAL SERVICES)

2101 Jay St, Kokomo, IN 46901-1619

Value Estimation by Request

1,296 sqft 0.13 AC lot

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RETAIL STORES (PERSONAL SERVICES)

501 Reed Rd, Kokomo, IN 46901-5692

$920,000

Estimated value

5,940 sqft 0.97 AC lot

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RETAIL STORES (PERSONAL SERVICES)

910 Washington St, Kokomo, IN 46901-3310

$650,000

Estimated value

23,234 sqft 0.97 AC lot

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RETAIL STORES (PERSONAL SERVICES)

701 Markland Ave, Kokomo, IN 46901-6214

Value Estimation by Request

4,276 sqft 0.36 AC lot

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RETAIL STORES (PERSONAL SERVICES)

704 Bell St, Kokomo, IN 46901-5525

Value Estimation by Request

3,093 sqft 0.19 AC lot

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RETAIL STORES (PERSONAL SERVICES)

223 Main St, Kokomo, IN 46901-4623

Value Estimation by Request

1,405 sqft 0.03 AC lot

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RETAIL STORES (PERSONAL SERVICES)

5107 Centerline Dr, Kokomo, IN 46902-5104

$775,000

Estimated value

30,000 sqft 1.41 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1816 Dixon Rd, Kokomo, IN 46902-7301

$905,000

Estimated value

9,728 sqft 1.21 AC lot

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RETAIL STORES (PERSONAL SERVICES)

106 Main St, Kokomo, IN 46901-4625

Value Estimation by Request

5,808 sqft 0.07 AC lot

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RETAIL STORES (PERSONAL SERVICES)

600 Blvd Boulevard, Kokomo, IN 46902-2271

Value Estimation by Request

4,072 sqft 0.23 AC lot

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RETAIL STORES (PERSONAL SERVICES)

211 Morgan St, Kokomo, IN 46901-2361

Value Estimation by Request

3,542 sqft 0.54 AC lot

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Kokomo, IN Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Kokomo, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 129,462 square feet of properties for sale, with an estimated market value of $3,493,800.

Sale prices for retail space in Kokomo, IN start at $70,000, averaging $499,114, 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
46902	$492K
46901	$1.8M

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 Retail Space for Sale

408 E Center Road, Kokomo, IN 46902

1805 E Hoffer Street, Kokomo, IN 46902

508 E Southway Boulevard, Kokomo, IN 46902

1930 N Courtland Ave, Kokomo, IN 46901

929 S Bell St, Kokomo, IN 46902

3855 S Dixon Road, Kokomo, IN 46902

131 Creekside Drive, Kokomo, IN 46901

408 E Center Rd, Kokomo, IN

1500 N Reed Rd, Kokomo, IN 46901

Opportunities in Nearby Cities

2400-2420 East Market Street, Logansport, IN 46947

3325 E Market St, Logansport, IN 46947

600 Chili Ave, Peru, IN 46970

930 W Main St, Peru, IN 46970

Potential Development Sites for Consideration

3229 State Road 207, Elkton, FL 32033

Off-Market Properties in Kokomo, IN

303 Main St, Kokomo, IN 46901-5463

1637 Sycamore St, Kokomo, IN 46901-4996

101 Defenbaugh St, Kokomo, IN 46902-6322

106 Walnut St, Kokomo, IN 46901-4514

2101 Jay St, Kokomo, IN 46901-1619

501 Reed Rd, Kokomo, IN 46901-5692

910 Washington St, Kokomo, IN 46901-3310

701 Markland Ave, Kokomo, IN 46901-6214

704 Bell St, Kokomo, IN 46901-5525

223 Main St, Kokomo, IN 46901-4623

5107 Centerline Dr, Kokomo, IN 46902-5104

1816 Dixon Rd, Kokomo, IN 46902-7301

106 Main St, Kokomo, IN 46901-4625

600 Blvd Boulevard, Kokomo, IN 46902-2271

211 Morgan St, Kokomo, IN 46901-2361

Kokomo, IN Retail Space Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Property Size Breakdown

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