Frankton IN Real Estate &

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
22010109
Type:
Cluster
Subdivision:
No Subdivision
Year built:
1900
Courtesy: CrestPoint Real Estate 317-790-4975
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ADDITIONAL INFORMATION

A unique opportunity awaits in this newly renovated mixed-use property, a turn key money-maker! The commercial space spans 2,404 sq ft on the main level, and the apartments on the 2nd level are nearly 2,500 sq ft total. The entire building has new HVAC, electrical, plumbing, windows, and roof! The 3 apartments upstairs all have 2 bedrooms and 1 bathroom, and have all new everything. They are all currently leased for another year, each bringing in $1,000 per month. Each unit has its own gas and electric meter, meaning tenants have full control over their climate and usage needs. The main level space provides a versatile blank canvas ready to be tailored for your business vision. With a solid foundation and recent construction, this space offers flexibility for a wide range of commercial uses, from retail to office space, or even a specialized venue, such as a vet clinic, restaurant, or fitness studio/gym. The bottom level as a commercial space could bring in up to $2,000 per month in rental income. Though currently zoned commercial, the space can be switched to residential, which allows further flexibility in how the space could be used, potentially creating a 4-plex. The building is on a full basement as well, which provides ample space for storage of supplies, inventory, and equipment you may have for your business. Whether you're a business owner looking for a fresh start or an investor seeking a flexible property, this is a rare find with endless potential!

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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

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.




Frankton Real Estate

Frankton is located in Indiana. Frankton, Indiana has a population of 2,047. Frankton is less family-centric than the surrounding county with 25.14% of the households containing married families with children. The county average for households married with children is 25.19%.

The median household income in Frankton, Indiana is $51,680. The median household income for the surrounding county is $54,491 compared to the national median of $69,021. The median age of people living in Frankton is 41.5 years.

Frankton Weather

The average high temperature in July is 84.1 degrees, with an average low temperature in January of 18 degrees. The average rainfall is approximately 41.4 inches per year, with 17.5 inches of snow per year.

Frankton Map

Frankton Real Estate Market Conditions

  • Median sales price

    $216,500
    18.4%
    change since last quarter
  • # Active listings

    29
    30-day change

Frankton Schools and Demographics

Education near Frankton, IN

City County
High School Graduates 91.14 89.76
College Degree - 2 year 12.52 9.34
College Degree - 4 year 14.06 19.02
Graduate Degree 4.17 5.38
Expenditures per Student 12,987 12,987
Students per Teacher 16.1 16.1

Elementary Schools near Frankton, IN

Grades Students P/T Ratio ZIP
Alexandria-Monroe Elementary School PK - 03 345 21.6 46001
Alexandria-Monroe Intermediate School 03 - 06 450 19.6 46001
Anderson Elementary School KG - 05 607 17.3 46011
Eastside Elementary School KG - 05 609 14.7 46012
Edgewood Elementary School KG - 05 335 19.7 46011
Elwood Elementary School PK - 02 462 19.7 46036
Elwood Intermediate School 03 - 06 439 15.1 46036
Frankton Elementary School PK - 06 860 29.7 46044
Tenth Street Elementary School KG - 05 699 19.4 46012

Middle Schools near Frankton, IN

Grades Students P/T Ratio ZIP
Highland Middle School 06 - 08 1,453 15.5 46012

High Schools near Frankton, IN

Grades Students P/T Ratio ZIP
Alexandria-Monroe High School 07 - 12 787 19.2 46001
Elwood Junior-Senior High School 07 - 12 658 16.4 46036
Frankton Junior/Senior High School 07 - 12 674 18.6 46044

Ungraded Schools near Frankton, IN

Grades Students P/T Ratio ZIP
John H Hinds Career Center PK - 12 0 46036

Demographics near Frankton, IN

City County
Neighborhood Type Suburban
Population 2,047 130,037
Population Density 1,926 288
Median Age 41.5 40.7
People per Household 2.7 2.4
Median Household Income 51,680 54,491
Average Income per Capita 25,908 27,778

Real estate near Frankton