About This Home

This 0-bedroom, 0-bathroom commercial at 508 E Southway Boulevard in Kokomo, IN is listed for $1,270,000. on a 0.87 acres lot.

Key Features

  • 0.87 acre lot

Amenities

A/C
Listing Description

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 (8.4 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.

Monthly Cost Estimate

$6,792/mo

20% down · 6.5% · 30 years

Principal$918
Interest$5,503
Insurance$370

Estimates only. Actual payments may vary.

Location

508 E Southway Boulevard

Kokomo, IN 46902

Features & Amenities

Interior Features

Security SystemCarpetingRestroom(s)220 VoltsHandicap Access

Property Details

Heating

Natural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 508 E Southway Boulevard is listed at $1,270,000. The estimated monthly payment is $6,792 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.87 acre lot. Interior Features: Security System, Carpeting, Restroom(s).

This property is listed by Dave Cash.

DC

Dave Cash

Agent at Remax Real Estate Associates

Listed by Remax Real Estate Associates · Broker phone: (812) 235-4433 · Broker website

MLS# 105764· Source: Terre Haute Area Association of Realtors· 598 days on PropertySimple

Copyright © 2026 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

508 E Southway Boulevard, Kokomo, IN 46902

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