148 Creekside Dr Kokomo, IN 46901

This exceptional Kokomo, Indiana retail property presents a compelling investment opportunity. Located at 148 Creekside Dr, 46901, this 7,882 square foot multi-tenant storefront sits on a 0.81-acre lot and boasts a strong 6.66% capitalization rate, generating a net operating income (NOI) of $39,600 annually. The asking price is $595,000, translating to a price per square foot of $75.49. The property is zoned C-2 and features excellent visibility with frontage on busy IN-931, experiencing 43,940 vehicles per day. The building comprises three suites: Suite A (3,025 SF) and Suite C (719 SF) are currently vacant, offering immediate potential for owner-occupancy or lease-up. Suite B (3,804 SF) is occupied, providing a steady stream of rental income. This property is ideal for an owner-user seeking a high-traffic location with existing income potential, or for an investor looking for a strong return on investment in a thriving market. The property's location in Howard County, Indiana, offers easy access to major transportation routes and a diverse customer base. This is a rare opportunity to acquire a well-positioned retail center with significant upside potential.