1504 W Markland Avenue Kokomo, IN $ 49,900
1504 W Markland Avenue
$ 49,900
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1504 W Markland Avenue

Kokomo, IN, 46901
$ 49,900
Bedrooms-- Baths-- Sq 864

Monthly Estimate*

$ 307

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Commercial Property for sale in Kokomo, IN

for $49,900. This 864 square foot building was built in 1917 on a lot size of 0.23.

Unlock the potential of this high-visibility commercial/residential property located on bustling West Markland Avenue in the heart of Kokomo. Offering prime exposure along one of the city's busiest thoroughfares, this versatile property presents a unique opportunity for investors, entrepreneurs, or small business owners seeking a flexible space with exceptional frontage and signage potential. Zoned for light industrial use, providing unmatched flexibility for a variety of business type. Located just minutes from downtown Kokomo, U.S. 31, and the Markland Mall, ensuring a steady flow of local and drive-by traffic. Features ample off-street parking, a private entrance, and a layout that can easily accommodate office, retail, or service-based businesses. Surrounded by established businesses, schools, and residential neighborhoods - ideal for walk-in customers or community-based services. Affordably priced with value-add potential - perfect for owner-occupiers or investors seeking a strategic Kokomo location. Whether you're looking to launch a boutique, medical office, salon, professional services firm, or even a rental property, 1504 W Markland Ave offers a rare blend of visibility, utility, and affordability. Property is a potential tear down.

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Commercial Active

Price

$ 49,900

Property Type

Commercial

Taxes

$ 230

Style

Mixed Use

Lot Size

0.23

Year Built

1917

Town/City

Kokomo

County/Region

Howard

MLS | Web ID

22035998

Features
General
Utilities Electricity Connected Sewer Connected Water Connected
Possession Closing
Zoning LI
Year Built 1917
Township Center
Property Subtype Mixed Use
Tax Year 2023
Current Use Vacant
County Howard
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
City Kokomo
High School District Kokomo School Corporation
MLS Area 3408 - Howard - Center
Lot Size Square Feet 10062
Standard Status Active
Tax Lot 187-188
Legal Description Southside Industrial S/D Lots 187 & 188
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Exterior
Parking Features None Detached
Building Area Total 864
Lot Size Acres 0.23
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* Excluded Features
List By
F.C. Tucker Company

Broker

Annie.Scott@talktotucker.com

Email

Affordability Calculator

$326
Per Month
94%
6%
0%
Monthly Principal & Interest
$307
Monthly Property Taxes
$19
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4046515 Elementary School
4046582 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/5/2025$49,900 -16.69% Price Down
4/30/2025$59,900 Listed Price

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1504 W Markland Avenue, Kokomo, IN, 46901 is a Commercial Property for sale at $49,900 with 864 sqft and a lot size of 0.23. 1504 W Markland Avenue was built in 1917. The property's zip code is 46901 which is in Kokomo, IN