Studio 520

Retail-Commercial for Sale
Catylist Listing ID: 29751773
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 2,704 SF
Gross Land Area: 0.47 Acres
Sale Price: $160,000
Unit Price: $59.17 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Studio 520
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/26/2023

Overview / Comments

Former Salon/spa building available for SALE. Building consists of two separate entrances. Perfect for one or two small businesses.

Hair salon & spa could be operated jointly or separately. Equipment available for purchase separately.

Located in the heart of the Kokomo shopping district on Belvedere Drive. East of US Hwy 31 & North of Markland Avenue.

8 hair stations w/ 4 washbowls
Private office
Break room & laundry
Yoga Studio
Massage Therapy room
Double Pedi throng, 1 nail station

Attachments & Media


Finance Data Year 2015
Real Estate Taxes - Annual($) $4,788 (Annual)

Additional Details

Nearest MSA: Kokomo
County: Howard
Tax ID/APN: 05346701900000000
Retail Clientele: General, Family, Business, Other
Property Located Between: Markland Ave & Vaile Ave
Side of Street: East
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: US Hwy 31
Feet of Frontage: 120
Transportation: Bus, Highway, Taxi
Highway Access: US Hwy 31
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1969
Roof Type: Gable
Total Parking Spaces: 21
Parking Type: Surface
Parking Description: Private parking lot
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, DSL
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,904 46,597 66,106
Median Age: 37.94 38.74 40.26
Households: 3,116 20,049 28,064


Photograph of Listing Agent

Doug Anderson

Candor Realty ICREX Member
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