2909 S Reed Rd | Kokomo, IN 46902
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2909 S Reed Rd
Kokomo, IN 46902
Value-Add Restaurant | Kokomo, IN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Below Market Rents With 2 Years Remaining on Lease
- Restaurant & Kitchen Equipment Included in Sale – Liquor License Available For Additional Fee
- 29% Population Growth From 46,100 in 2010 to 59,600 in 2020
- On Kokomo’s Busiest Street (38K VPD) – Primary Retail Corridor
- Currently Built Out For Mexican Restaurant
- On Pedestrian “Industrial Heritage Trail” Connecting Site to Motel 6, Hampton Inn, Baymont By Wyndham, Best Western & Stellantis Transmission Plant
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
8,259 SF
Building Class
C
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.78 AC
Zoning
C - Commercial
Parking
161 Spaces (19.49 Spaces per 1,000 SF Leased)
Frontage
262’ on S Reed Rd
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 34-10-07-402-009.000-002 | Improvements Assessment | $665,220 |
| Land Assessment | $399,077 | Total Assessment | $1,064,297 |
PROPERTY TAXES
Parcel Number
34-10-07-402-009.000-002
Land Assessment
$399,077
Improvements Assessment
$665,220
Total Assessment
$1,064,297
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