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Investment Highlights

  • Centrally located in Kokomo's central business district.
  • Easy access to N Washington St.
  • Great visibility on W Walnut St.

Executive Summary

Downtown Mixed-Use Opportunity – Ground Floor Ready for Renovation + Spacious Upper-Level Apartment
Two-story mixed-use building totaling approximately 6,666 SF in the heart of Kokomo’s central business district. The main level is open and ready for renovation, offering a flexible blank canvas ideal for retail, office, restaurant, or other commercial uses.
The upper level features one large, very spacious apartment with two living areas, a built-in bar, and three bedrooms. The unit is currently occupied by an associate and is not producing income at this time, creating an immediate opportunity to lease it at market rates or retain it for owner use.
Centrally located on W. Walnut Street with strong visibility and convenient access to N. Washington Street. Positioned in a walkable downtown corridor near restaurants, shops, professional services, and ongoing revitalization.
Property Highlights
±6,666 SF two-story building (circa 1890)
Ground floor open and ready for renovation / build-out
Spacious upper-level 3-bedroom apartment with two living areas and built-in bar
Strong downtown visibility and central business district location
Flexible zoning supporting commercial + residential uses
Ideal for owner-user or investor seeking value-add commercial space with residential upside
A solid downtown asset combining renovation potential on the main floor with a large, character-filled apartment above.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,666 SF
Building Class
C
Year Built/Renovated
1890/1970
Price
$575,000
Price Per SF
$86.26
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,333 SF
Building FAR
1.53
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
C-1 - Commercial
Parking
2 Spaces (0.3 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning
Moderately walkable
70/100
Moderately drivable
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
34-03-36-239-020.000-002
Land Assessment
$31,400
Improvements Assessment
$138,600
Total Assessment
$170,000
  • Listing ID: 29657471

  • Date on Market: 9/29/2023

  • Last Updated:

  • Address: 110 W Walnut St, Kokomo, IN 46901

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