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103 Washington St 4,548 SF Vacant Office Building Frankton, IN 46044 $250,000 ($54.97/SF)



Investment Highlights
- Property has recently undergone approximately $40,000 in Exterior and HVAC upgrades. Includes: 2 new furnaces, 2 new a/c units, fully insulated
- Full kitchen with commercial flat-top grill, cook stove, and oven
- 10 total rooms, 3 bathrooms, including 1 handicap-accessible restroom
- Multiple office spaces and 3 separate entrances
Executive Summary
Unique commercial opportunity! This property is zoned IS (Institutional & Social), allowing a variety of potential uses including a church, daycare, school, medical clinic, professional counseling services, community center, government offices, educational facility, and other institutional uses. Buyers should verify their intended use with the Town of Frankton. 4,600 sq ft building on approximately 1 acre. The North Wing of the building is 96x36 and the South Wing is 26x42. Excellent opportunity with endless potential!! Property has recently undergone approximately $40,000 in Exterior and HVAC upgrades. Includes: 2 new furnaces, 2 new a/c units, fully insulated, heated and cooled, 3 separate thermostat-controlled zones. 10 total rooms, 3 bathrooms, including 1 handicap-accessible restroom. Full kitchen with commercial flat-top grill, cook stove, and oven. Multiple office spaces and 3 separate entrances.
Buyer/Agent should verify their intended use with the Town of Frankton
Buyer/Agent should verify their intended use with the Town of Frankton
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
4,548 SF
Year Built
1982
Price
$250,000
Price Per SF
$54.97
Percent Leased
Vacant
Building Height
1 Story
Typical Floor Size
4,548 SF
Zoning
IS Institutional & Social - IS Institutional & Social
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 48-05-31-304-008.000-028 | Improvements Assessment | $39,500 |
| Land Assessment | $7,600 | Total Assessment | $47,100 |
Property Taxes
Parcel Number
48-05-31-304-008.000-028
Land Assessment
$7,600
Improvements Assessment
$39,500
Total Assessment
$47,100
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Contact the Sale Advisor
103 Washington St
