# 508 E Southway Boulevard, Kokomo, IN 46902

> **TL;DR:** commercial, $1,360,000.
> A/C. Est. $5,893/mo. Listed 447 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,360,000 |
| Lot Size | 37,897 sqft (0.87 acres) |
| Property Type | Commercial (Retail) |
| Status | For Sale |
| Days on Market | 447 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,893 |
| **Total** | **$5,893** |

## Key Amenities

- A/C

## Property Highlights

- 0.87 acre lot

## Description

### Agent Description
This 2 tenant building located on high traffic - Southway Blvd. is longtime home of ATI Physical Therapy and recently home of a very experienced restaurant with multiple locations. NOI of $105,630 (7.8% Cap Rate). Property in great condition and great investment opportunity. Contact LA. ATI NNN Lease 55% & Ramen Tea set NNN contribution of $17,124 toward TX, CAM, Insurance. Leaving owner with only $1,100 expenses per year.

## Location

- **Address:** 508 E Southway Boulevard, Kokomo, IN 46902
- **Coordinates:** 40.444882, -86.124444
- **Google Maps:** https://www.google.com/maps?q=40.444882,-86.124444

## Listing Agent

- **Name:** Dave Cash
- **Brokerage:** REMAX R.E.A.
- **Phone:** 8122430930
- **Email:** davecash@remax.net

## Primary Photo

![508 E Southway Boulevard - Primary Photo](http://lh.rdcpix.com/24aa23e17feebb2a17ce5d13b0507339l-f3705035504r.jpg)

*18 total photos available on [listing page](https://www.propertysimple.com/listing/508-e-southway-boulevard-kokomo-in-46902-n105764)*

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**MLS#:** 105764 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/508-e-southway-boulevard-kokomo-in-46902-n105764)

---

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  "description": "This 2 tenant building located on high traffic - Southway Blvd. is longtime home of ATI Physical Therapy and recently home of a very experienced restaurant with multiple locations. NOI of $105,630 (7.8% Cap Rate). Property in great condition and great investment opportunity. Contact LA. ATI NNN Lease 55% & Ramen Tea set NNN contribution of $17,124 toward TX, CAM, Insurance. Leaving owner with only $1,100 expenses per year.",
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