0 Home AveKokomo, IN 46902

For Sale
$1,500,000

High-intensity industrial space, 313,279 rentable sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 4-story industrial distribution center, situated on a 4.3-acre lot in Kokomo, Indiana, presents a significant investment opportunity. Boasting 333,698 square feet of total space and 313,279 square feet of net rentable area, this Class D property offers a compelling price per square foot of $4.50. The building, constructed in 1921, has a rich history, having served as a manufacturing facility for prominent automotive companies including Haynes-Apperson and Chrysler. Currently, the property is occupied by Warren's Auto Parts, a long-standing business operating for over 40 years. The property features an 18-foot ceiling height and is zoned for High Intensity Industrial/Heavy Manufacturing use, providing significant flexibility for a variety of industrial applications. The property's location in Howard County, Indiana, at the address Home Ave, Kokomo, IN 46902 (APN: 34-09-01279-001-000.02) offers convenient access to transportation networks. A complete file of environmental assessments is available for review, ensuring a transparent and informed acquisition process. The property is offered fee simple. This is a rare opportunity to acquire a substantial industrial property with a proven track record in a prime location.

Highlights

  • Complete environmental assessment file available.
  • High-traffic location with excellent visibility.
  • Strong tenant roster with long-term leases.
  • Significant upside potential through lease renewals and rent increases.
  • Well-maintained building with recent capital improvements.
  • Strategic location offering easy access to major transportation arteries.

Property Details for 0 Home Ave

Property type
Other industrial properties, Distribution properties
Square Feet
333,698 SF
Class
D
Year Built
1921
Stories
4
Lot Size (sq. ft)
187,308 SF

Location Insight

City
Kokomo
County
Howard
State
Indiana
Latitude
40.466344
Longitude
-86.124138
Home Ave, Kokomo, Indiana

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0 Home Ave
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