507 N Union St - Specialty FOR SALE


Kokomo, IN 46901
$535,000 USD
765-860-3758
507 N Union St, Kokomo, IN for Sale
$535,000 USD
Specialty - FOR SALE
1/15
null | Request Cap Rate

507 N Union St
Kokomo, IN 46901


HIGHLIGHTS

  • Rhine Hall’s most striking feature is its breathtaking stained glass, which fills the space with color and character. Combined with the building’s ori
  • The open floor plan, multiple gathering areas, and guest-friendly flow make the property immediately usable for weddings, corporate events, fundraiser
  • Situated near downtown Kokomo, Rhine Hall benefits from easy access, nearby parking, and a well-established reputation as a trusted community gatherin

OVERVIEW

Rhine Hall is a fully operational event venue offering 11,400 SF of historic character and flexible use. Currently hosts weddings, private events, fundraisers, and community gatherings with strong local recognition and steady rental demand. Open floor plan, high ceilings, updated systems, and multiple layout options make it ideal for an owner-user or investor seeking a turnkey hospitality or arts-focused property. Also well-suited for adaptive reuse, including creative studios, community arts center, or mixed-use cultural space. Located near downtown Kokomo with convenient parking and strong visibility.

FOR SALE DETAILS

PRICE

$535,000 USD

PRICE/SF

$47 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Religious Facility, Schools

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

-

YEAR BUILT

1932

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,856 SF

ZONING

Commercial

APN/PARCEL ID

34-03-36-228-015.000-002

ASK ABOUT THIS PROPERTY

Gary RhinebargerHeartland Real Estate BrokersMore Info
765-860-3758

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Gary RhinebargerHeartland Real Estate BrokersMore Info
765-860-3758

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.