Frankfort IN Real Estate & Commercial for Sale

10 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
202603808
Type:
Other
Lot size:
7.9 Acres
Year built:
2019
Courtesy:
View additional info

ADDITIONAL INFORMATION

This nearly 8-acre property offers a fully built-out, turnkey event venue with approximately 5,600 square feet of indoor space and a capacity of up to 294 guests. Designed for high-volume professional events, the layout supports seamless flow for ceremonies, receptions, catering, and support operations. The property includes a transferable 3-way liquor license, significantly enhancing revenue potential. A prep kitchen, heavy electrical wiring for professional DJ and AV use, and an overbuilt septic system engineered for event capacity provide strong operational infrastructure. An outdoor patio with gas heating extends seasonal usability, and two paved parking lots with handicap accessibility offer convenient on-site parking. With the right offer, event furnishings and supplies, including tables, chairs, dishware, and linens, may be included, allowing a buyer to launch or transition operations quickly. Located approximately 30 minutes from Lafayette and 50 minutes from northern Indianapolis, this property offers both accessibility and privacy, making it ideal for destination weddings, corporate events, retreats, and private celebrations. In addition to event use, the building lends itself to alternative commercial applications such as a church, private club, conference center, showroom, or dealership, offering flexibility for investors and owner-operators alike. This is a rare opportunity to acquire a high-capacity, professionally designed venue property with strong infrastructure, zoning potential, and immediate usability. Business not included; real estate and improvements only.

Beds:
n/a
Baths:
Sq.Ft.:
5,600
Status:
NEW LISTING
MLS#:
22082940
Type:
Business Opportunities
Lot size:
7.9 Acres
Year built:
2019
Courtesy: The Real Estate Agency 765-838-1707
View additional info

ADDITIONAL INFORMATION

This nearly 8-acre property offers a fully built-out, turnkey event venue with approximately 5,600 square feet of indoor space and a capacity of up to 294 guests. Designed for high-volume professional events, the layout supports seamless flow for ceremonies, receptions, catering, and support operations. The property includes a transferable 3-way liquor license, significantly enhancing revenue potential. A prep kitchen, heavy electrical wiring for professional DJ and AV use, and an overbuilt septic system engineered for event capacity provide strong operational infrastructure. An outdoor patio with gas heating extends seasonal usability, and two paved parking lots with handicap accessibility offer convenient on-site parking. With the right offer, event furnishings and supplies - including tables, chairs, dishware, and linens - may be included, allowing a buyer to launch or transition operations quickly. Located approximately 30 minutes from Lafayette and 50 minutes from northern Indianapolis, this property offers both accessibility and privacy, making it ideal for destination weddings, corporate events, retreats, and private celebrations. In addition to event use, the building lends itself to alternative commercial applications such as a church, private club, conference center, showroom, or dealership, offering flexibility for investors and owner-operators alike. This is a rare opportunity to acquire a high-capacity, professionally designed venue property with strong infrastructure, zoning potential, and immediate usability. Business not included; real estate and improvements only.

Beds:
n/a
Baths:
Sq.Ft.:
1,575
Status:
NEW LISTING
MLS#:
22082405
Type:
Retail
Lot size:
0.15 Acres
Year built:
1996
Courtesy: AXEN Realty LLC 317-506-8626
View additional info

ADDITIONAL INFORMATION

Turnkey Commercial building + Vacant Lot in Prime Frankfort Location!Excellent investment or owner-user opportunity! Updated commercial building originally built for a salon. New roof, A/C, bathroom upgrades, and newer flooring throughout. Includes adjacent vacant lot offering room for expansion, additional parking, or new development. Great visibility on W Walnut St with strong traffic flow. Low-maintenance property with immediate income or redevelopment potential. See MLS# 22082394 for lot pictures and listing information.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
202603493
Type:
Mixed Use
Lot size:
0.06 Acres
Year built:
1900
Courtesy:
View additional info

ADDITIONAL INFORMATION

Discover incredible potential in Frankfort with this versatile property that’s ready for its next chapter. The main level features a spacious showroom, full kitchen, half bath, workroom, and abundant storage space—perfect for retail, office, or studio use. This building has hosted a variety of successful businesses over the years and can easily be transformed into a residential apartment or mixed-use space to maximize income potential. A partial basement offers additional storage. Upstairs, you’ll find a one-bedroom apartment currently rented through August 2026. The unit includes a foyer entry, screened-in porch, and a large living room—ideal for steady rental income or owner occupancy. Don’t miss out on this unique investment opportunity. Schedule your showing today!

Beds:
n/a
Baths:
Sq.Ft.:
1,800
Status:
NEW LISTING
MLS#:
22082308
Type:
Office
Lot size:
0.38 Acres
Year built:
2021
Courtesy: Direct Homes, LLC 317-413-4580
View additional info

ADDITIONAL INFORMATION

Look No More! Incredible brand new commercial building in the heart of Frankfort. Used as a car dealership this unique modern office building can be anything you want it to be. This one of a kind commercial property on a extended lot offers prime location, easy customer access, feel and touch of 2020th to make a smooth transition into your new business opportunity. The open floor plan built to accommodate office with its own kitchen space can be used to your liking or transformed into whatever you want it to be. Check it out just to fall in love with its modern design and get your goals accomplished and business grown in the very center of downtown life of Frankfort.

Beds:
n/a
Baths:
Sq.Ft.:
10,200
Status:
Active
MLS#:
22022201
Type:
Mixed Use
Lot size:
0.2 Acres
Year built:
1910
Courtesy: F.C. Tucker Company 317-891-0100
View additional info

ADDITIONAL INFORMATION

Bring your ENTREPRENEURIAL SPIRIT and be a part of HISTORY! Located in the Frankfort Historical District, this converted commercial building, built in 1910, used to be a rail station for the Northern Indiana Power (NIP) Interurban Electric Railway. Frankfort, known as "Gem City" because of its brightness in the new electric light era, could be seen for miles around because of its electric lights. Perfect for a restaurant, cafe or a coffee shop; maybe a karaoke bar or an event venue - there are endless possibilities for this property, limited only by your imagination. This sale includes the building and the attached parking lot. Book a showing today!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202512127
Type:
Mixed Use
Lot size:
0.18 Acres
Year built:
1920
Courtesy:
View additional info

ADDITIONAL INFORMATION

Amazing opportunity to purchase a piece of property that is revenue ready! On one side you will find a fully set up and ready to open for the season Frozen Yogurt business. This shop comes complete with everything you need to start right up including 5 Yogurt machines coolers for condiments, glass cooler, freezer. Also included is a fully functioning industrial kitchen that includes a deep fryer, large grill, ice machine, stainless steel tables and industrial vent hood. On the other side of the building is a money making rental that is a car detail shop bringing in $850 per month. This property is located right near downtown Frankfort and across the street from Prairie Creek Park. Don't miss this amazing opportunity to be in business right away!

Beds:
n/a
Baths:
Sq.Ft.:
9,061
Status:
Active
MLS#:
21925814
Type:
Industrial
Lot size:
0.3 Acres
Year built:
1946
Courtesy: The Home Shop Realty, LLC 317-409-0167
View additional info

ADDITIONAL INFORMATION

This is a great opportunity in Downtown Frankfort. This property includes two buildings. The old auto parts store /Mack Machine Building and the church. This property is in the heart of downtown and with a little TLC could be amazing. It's steps away from the new Prairie Creek Park and all the events hosted there. Three off street garage door entries, one with elevator (unhooked) to second floor. Second floor could have a walk out deck looking out over the city. The possibilities are endless. Great location and tremendous visibility due to its triangular shape on the split street peninsula. 12' ceilings on ground level and 10' ceilings on second level. In 2021 a new roof was installed and a new 800 amp 3 phase panel.

Beds:
n/a
Baths:
Sq.Ft.:
2,700
Status:
Active
MLS#:
22010664
Type:
Other
Lot size:
0.48 Acres
Year built:
1968
Courtesy: Mark Dietel Realty, LLC 317-886-8440
View additional info

ADDITIONAL INFORMATION

This standout commercial property on a corner lot near downtown Frankfort offers unmatched visibility, prime location, and an adaptable layout ready to elevate your business! With high daily traffic and low taxes, this space is ideal for a range of businesses, from retail and office spaces to a trendy cafe or mixed-use development. Located in Frankfort's thriving business district, it's surrounded by popular spots, ensuring plenty of customer access and foot traffic. Inside, the open floor plan offers endless customization possibilities. Whether you're creating a modern showroom, a sleek office, or a cozy cafe, the space adapts to your vision. With its corner location, there's ample room for signage, making it easy to attract attention from passing cars and pedestrians. Perfectly positioned to capture both locals and visitors, this property is ideal for businesses aiming to establish or expand in one of Frankfort's busiest areas. Combining unbeatable visibility, accessibility, and a flexible design, this commercial space is your chance to make a mark in a bustling downtown scene.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202430739
Type:
Office
Lot size:
0.43 Acres
Year built:
1960
Courtesy:
View additional info

ADDITIONAL INFORMATION

Discover the potential of this expansive 5,490 square foot office building, a prime space that can adapt to a variety of uses! The main floor features a welcoming lobby and reception area, along with eight offices or exam rooms, a conference room, several storage rooms, and a laundry room. Three restrooms are available, including one that is ADA accessible. The lower level offers a generous recreation or meeting area, six additional offices or exam rooms, multiple storage rooms, and a kitchenette. This floor also includes washer and dryer hookups, and two restrooms, one of which has a shower and is ADA accessible. Parking is ample with two lots providing a total of 32 spaces. The property conveniently has entrances from both Jackson Street and Alhambra Avenue, including a direct access point to the downstairs level. This building presents an excellent opportunity for a range of commercial or residential uses; office space, medical offices, veterinary clinic, or even multi-family housing. Bring your creativity to this versatile property!

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS. All rights reserved.

Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.




Frankfort Real Estate

Frankfort is located in Indiana. Frankfort, Indiana has a population of 16,134. Frankfort is more family-centric than the surrounding county with 31.76% of the households containing married families with children. The county average for households married with children is 31.47%.

The median household income in Frankfort, Indiana is $46,236. The median household income for the surrounding county is $55,582 compared to the national median of $69,021. The median age of people living in Frankfort is 34.9 years.

Frankfort Weather

The average high temperature in July is 83.6 degrees, with an average low temperature in January of 17.3 degrees. The average rainfall is approximately 41.7 inches per year, with 26.6 inches of snow per year.

Frankfort Map

Frankfort Real Estate Market Conditions

  • Median sales price

    $240,000
    18.4%
    change since last quarter
  • # Active listings

    61
    30-day change

Frankfort Schools and Demographics

Education near Frankfort, IN

City County
High School Graduates 78.51 86.82
College Degree - 2 year 9.03 9.29
College Degree - 4 year 11.77 14.94
Graduate Degree 3.84 4.29
Expenditures per Student 11,162 11,162
Students per Teacher 15.1 15.1

Elementary Schools near Frankfort, IN

Grades Students P/T Ratio ZIP
Blue Ridge Primary Elementary School PK - 02 507 20.7 46041
Clinton Central Elementary School PK - 06 542 15.9 46057
Clinton Prairie Elementary School KG - 06 594 20.1 46041
Green Meadows Intermediate Elementary School 03 - 05 414 19.7 46041
Rossville Elementary School KG - 05 439 17.6 46065
Suncrest Elementary School PK - 05 688 20.9 46041
Thorntown Elementary School PK - 06 433 22.8 46071

Middle Schools near Frankfort, IN

Grades Students P/T Ratio ZIP
Frankfort Middle School 06 - 08 755 16.1 46041
Rossville Middle School 06 - 08 254 11.6 46065

High Schools near Frankfort, IN

Grades Students P/T Ratio ZIP
Clinton Central Junior/Senior High School 07 - 12 459 12.4 46057
Clinton Prairie Junior/Senior High School 07 - 12 488 16.3 46041
Frankfort Senior High School 09 - 12 831 13.4 46041
Oakland High School 09 - 12 55 13.8 46915
Rossville Middle/Senior High School 06 - 12 580 14.9 46065
Western Boone Junior/Senior High School 07 - 12 795 16.6 46071

Demographics near Frankfort, IN

City County
Neighborhood Type Suburban
Population 16,134 33,010
Population Density 2,177 82
Median Age 34.9 36.8
People per Household 2.6 2.7
Median Household Income 46,236 55,582
Average Income per Capita 22,049 25,393

Real estate near Frankfort