200 Mulberry StKokomo, IN 46901
- Other commercial real estate
- 11,532 SF
Property Details for 200 Mulberry St
- Year built
- 1960
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.65 AC
- Property size (Sq ft)
- 11,532 SF
- Property type
- Other commercial real estate
- APN
- 34-03-36-211-005.000-002
- APU
- 340336211005000002
Description
This exceptional 11,532 square foot commercial property, located at 200 W Mulberry St in Kokomo, Indiana, presents a unique investment opportunity. Built in 1960 and situated on a 0.65-acre lot, this free-standing building boasts a prominent corner location in the desirable Riverfront District. Previously a bank branch, the property features two drive-thru lanes, a spacious 5,766 square foot main floor, and an additional 5,766 square feet of usable basement space. Ample parking is provided with 36 dedicated spaces, and the property benefits from large pylon signage for excellent visibility. The C-D zoning allows for a variety of uses, including retail, office, or medical. Its location along the 5.88-mile Industrial Heritage Trail (connecting to the Nickel Plate Trail) offers additional accessibility and exposure. The asking price is $675,000. The property's APN is 34-03-36-211-005.000-002. This versatile property is ideal for a business seeking high visibility and convenient access in a thriving downtown location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,482,614
- Hospitality
- $2,274,061
- Educational
- $1,891,992
- Medical
- $1,957,060
- Retail
- $2,943,098
Location Insight
- City
- Kokomo
- County
- Howard
- State
- Indiana
- Latitude
- 40.4887
- Longitude
- -86.1328
- CBSA code
- 29020
- CBSA name
- KOKOMO, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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