Frankfort Commercial Properties for Sale

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Newest Frankfort Commercial Properties for Sale

$1,000,000

202603808 MLS

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.

3548 W County Road 500 N Road, Frankfort

$1,000,000

22082940 MLS

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.

3548 W 500 N, Frankfort

$415,000

22082405 MLS

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 (2024), facia, A/C (2025), bathroom upgrades, and newer flooring throughout. 4 foot Crawl space. Includes adjacent vacant lot offering room for expansion, additional parking, building perfect to add a drive through access or new development. Great visibility on W. Walnut St. with strong traffic flow. Low-maintenance property with immediate income or redevelopment potential. Property is sold as a package with neighboring lot 506 W Walnut St. listed at MLS# 22082394 for lot pictures and listing information.

550 W Walnut Street, Frankfort

$279,900

21925814 MLS

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.

408 E Washington Street, Frankfort

$470,000

22022201 MLS

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!

359 N Main Street, Frankfort

$500,000

22010664 MLS

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.

359 N Jackson Street, Frankfort

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IDX information is provided by the Indiana Regional MLS and is exclusively for the 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. Data is deemed reliable but is not guaranteed accurate by the MLS.

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IDX information provided by the Indiana Regional MLS