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Flex Space For Sale, w/ add'l Bldg 408 E Washington St

6,017 SF Vacant Retail Building Frankfort, IN 46041 $349,900 ($58/SF)

Investment Highlights

  • Unique building, w/ lots of potential
  • Two stories, w/ two drive-in doors
  • Could be converted to office, retail, industrial/flex, or multifamily
  • Great location, close to Downtown Frankfort & within the Historical District

Executive Summary

Property Description:
This property could be converted to office, retail, industrial/flex, or multifamily. It also has a ~2,000 SF church adjacent to the main building. The main building is ~4,000 SF on the first floor & ~2,000 SF on the second floor. Lots of potential!!
Location Description:
Located less than one mile from the 'square' in downtown Frankfort, IN. This unique building is also located in the Historic District and surrounded by several local businesses & amenities. Approx. 45 miles northwest of Indianapolis.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,017 SF
Building Class
C
Year Built
1946
Price
$349,900
Price Per SF
$58
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Land Acres
0.34 AC
Zoning
C - Commercial

Amenities

  • 24 Hour Access
  • Corner Lot
  • Signage
  • Signalized Intersection
  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 6,017 SF
  • Office/Retail
  • -
  • Now

As-Is

Space Size Space Use Position Available
1st Floor 6,017 SF Office/Retail - Now

1st Floor

Size
6,017 SF
Space Use
Office/Retail
Position
-
Available
Now

1st Floor

Size 6,017 SF
Space Use Office/Retail
Position -
Available Now

As-Is

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-10-10-279-001.000-021
Land Assessment
$39,100
Improvements Assessment
$153,800
Total Assessment
$192,900
  • Listing ID: 31123225

  • Date on Market: 3/5/2024

  • Last Updated:

  • Address: 408 E Washington St, Frankfort, IN 46041

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