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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.

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

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.

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

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!

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

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.

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

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of 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. Some listings have been excluded from this website.