Flex Space

Frankfort, IN Flex Space for Sale

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Versatile Frankfort Property with Potential
Updated: Oct 23, 2024
Versatile Frankfort Property with Potential

408 E Washington St, Frankfort, IN 46041

$349,900
6,017 sqft
Potential for conversion to office, retail, industrial/flex, or multifamily use.
Located less than one mile from downtown Frankfort, IN.
Main building with ~4,000 SF on the first floor and ~2,000 SF on the second floor.
Located in the Historic District and surrounded by local businesses & amenities.
Includes an adjacent ~2,000 SF church.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Frankfort, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Industrial Flex Property with Expansion Space
Industrial Flex Property with Expansion Space

1940 South Elizabeth St, Kokomo, IN 46902

$1,275,000
12,000 sqft

Nearly 12,000 SF available in Kokomo for an owner-user or investor near a major manufacturing plant.

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Flex Space Building with Rear Dock
Flex Space Building with Rear Dock

32 South Center Street, Flora, IN 46929

$179,000
10,700 sqft

Open-concept flex building with rear loading dock and multi-level space that could be configured into two units.

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Multi-Use Commercial Building
Multi-Use Commercial Building

14 E Main Street, Flora, IN 46929

$59,000
0.05 AC lot

Flexible building offers office space plus a back assembly/work area with rear double doors.

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Flex and Warehouse with Showroom
Flex and Warehouse with Showroom

394 S 00 EW Road, Kokomo, IN 46902

$799,000
10.00 AC lot

Main building includes showroom, office, restrooms, and garage, plus two storage units and a large parking lot.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Industrial Redevelopment Land Site
Industrial Redevelopment Land Site

1744 S County Road 1050 E, Indianapolis, IN 46231

$650,000
4.24 AC lot

Redevelopment land totaling 4.24 acres zoned for industrial use with utilities on or near the site and access potential.

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Commercial Land Parcel with Concrete Improvements
Commercial Land Parcel with Concrete Improvements

2900 N Walnut Street, Muncie, IN 47303

$399,000
4.91 AC lot

Commercially zoned 4.91-acre parcel with substantial road frontage, fenced area, and existing concrete improvements.

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Light Industrial Development Land
Light Industrial Development Land

850 N, Ossian, IN 46777

$203,500
8.14 AC lot

8.14-acre light industrial site within Ossian city limits, with city utilities available and build-to-suit options.

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Orland Park Commercial Parcel
Orland Park Commercial Parcel

15459 S 70th Court, Orland Park, IL 60462

$449,900
1.10 AC lot

1.01-acre commercial parcel in Orland Park's Business District.

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Frankfort, IN Flex Space Market Trends and Statistics

Explore 1 flex space for sale in Frankfort, IN on our real estate platform. These investment opportunities span a total of 6,017 square feet of properties for sale, with an estimated market value of $349,900.

Sale prices for business spaces in Frankfort, IN start at $349,900, averaging $349,900, and reaching up to $349,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Flex space 1
Truck terminals 1

Demographics Overview

Population 25K
Population Growth (5Y) -1.2%
Median Household Income $61,986
College Educated 23.9%

High-Yield Neighborhoods for Investment

Identify Frankfort submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46041 $175K

Taxes & Financing

Tax Rate (average for all types) 2.65%
Property Tax per SF $43.32 per SF
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

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