205-217 E Southway Blvd | Kokomo, IN 46902
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205-217 E Southway Blvd
Kokomo, IN 46902
Southway Professional Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Value-Add Multi-Tenant Medical & Professional Office Building
- The State of Indiana Department of Family Resources Occupies 29.55% of the Total Net Rentable Area and has a Lease In-Place Until 2032
- +/-0.5 Miles from Community Howard Regional Health Hospital, a Full-Service Hospital Serving Entire County
- 22.79% Vacancy Upside Potential Through Lease-Up
- Building Amenities Include: Elevator, Monument Signage, Building Signage, and Over-Sized Parking Lot
- +/-65,000 Residents within a 5-Mile Radius and an Average Household Income of +/-$65,000
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
37,575 SF
Building Class
B
Year Built/Renovated
1974/2012
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
18,500 SF
Slab To Slab
10’
Building FAR
0.36
Lot Size
2.40 AC
Zoning
C - Commercial Office
Parking
130 Spaces (3.51 Spaces per 1,000 SF Leased)
AMENITIES
- Wheelchair Accessible
PROPERTY TAXES
| Parcel Number | 34-09-13-276-025.000-006 | Improvements Assessment | $1,507,100 |
| Land Assessment | $339,800 | Total Assessment | $1,846,900 |
PROPERTY TAXES
Parcel Number
34-09-13-276-025.000-006
Land Assessment
$339,800
Improvements Assessment
$1,507,100
Total Assessment
$1,846,900
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