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408 E Washington St
Frankfort, IN 46041
Flex Space For Sale, w/ add'l Bldg · Retail Property For Sale

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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
$58.15
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
0.34 AC
Zoning
C - Commercial

AMENITIES

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

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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