Key facts
- Living area
- 864 sqft
- Lot
- 0.23 acres
- Year built
- 1917
- Type
- Commercial Sale · Mixed Use
- MLS #
- 22035998
- County
- Howard
- Total building area
- 864 sqft
About this home
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.
Description provided by the listing brokerage.
Exterior
- Parking and garage
Systems
- Utilities
Lot and HOA
- Zoning
- LI
Schools
- School district
- Kokomo School Corporation
Taxes
- Estimated annual tax
- $230 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2023
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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