Commercial Property for Sale: 508 Southway Boulevard, Kokomo, IN 46902
$1,360,000
$1,360,000
508 Southway Boulevard,
Kokomo, IN 46902
$1,360,000
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Price:
$1,360,000
$15,000 - 10/07/2025
Est. payment: Skip to Mortgage Calculator
Type Commercial
Year Built 2009
City Kokomo
School District Kokomo
MLS 105764
Status Active
DOM 460 days
This 2 tenant building located on high traffic - Southway Blvd. is longtime home of ATI Physical Therapy and recently home of a very experienced restaurant with multiple locations. NOI of $105,630 (7.8% Cap Rate). Property in great condition and great investment opportunity. Contact LA. ATI NNN Lease 55% & Ramen Tea set NNN contribution of $17,124 toward TX, CAM, Insurance. Leaving owner with only $1,100 expenses per year.
Lot & Building Features
Cooling Central Air
Heating Natural Gas
Sewer City Sewer
Tax Year 2023
Water City Water
Price History of 508 Southway Boulevard, Kokomo, IN
| Date | Name | Price | Difference |
|---|---|---|---|
| 10/07/2025 | Price Adjustment | $1,360,000 | 1.09% |
| 09/29/2025 | Price Adjustment | $1,375,000 | 8.88% |
| 08/14/2025 | Price Adjustment | $1,509,000 | 10.96% |
| 06/11/2025 | Price Adjustment | $1,360,000 | 9.87% |
| 03/11/2025 | Listing Price | $1,509,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Listed by REMAX R.E.A., DAVE CASH
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508 Southway Boulevard (MLS #105764) is a commercial listing located in Kokomo, IN. This commercial listing is on a lot of 37,897 sqft (or 0.87 acres) and is 17 years old. This property was listed on 03/12/2025 and has been priced for sale at $1,360,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: REMAX R.E.A. |