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Corner Mixed-Use Property
For Sale
$500,000

359 N Jackson Street, Frankfort, IN 46041

Commercial Sale, Frankfort, IN

Property SizeContact for details
Lot Size0.48 Acres
Days on Market672

Property Features for 359 N Jackson Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking features Guest
Middle school Frankfort Middle School
High school Frankfort High School
Elementary school district Community Schools of Frankfort
Middle school district Community Schools of Frankfort
High school district Community Schools of Frankfort
Directions GPS Friendly
Subdivision 1210 - Clinton - Center
Standard status Active
APN 121010238001000021
Lot size 0.48 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description 016-20165-15 N W Cor O P Pt Nene 10-21-1W .453A 1634-Aaa-1
Tax Annual Amount 3714
Legal Description 016-20165-15 N W Cor O P Pt Nene 10-21-1W .453A 1634-Aaa-1

Utilities

Utilities Cable Available
Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 1968
Floors in Building 1
Listing Agency: Mark Dietel Realty, LLC
Listed By: Mark Dietel
Added: Nov 8, 2024 Changed: Sep 10 Last Checked: Sep 11 at 6:06AM
MLS# 22010664

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use commercial property occupies a 0.48-acre corner lot at 359 N Jackson Street in Frankfort. Built in 1968, the building features an open interior layout that can accommodate retail, office, café, or other mixed-use concepts. Commercial zoning supports its business-oriented positioning.

The property is near downtown and within Frankfort’s business district, with access to nearby commercial destinations. Building systems include central air conditioning and forced-air natural gas heat. Guest parking is available, and cable service is listed as available.

Key Highlights

  • 0.48‑acre corner property at 359 N Jackson Street, Frankfort, IN 46041
  • Commercial zoning
  • Open interior layout suitable for retail, office, café, or mixed‑use concepts

Property Analytics

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Current Use

Dave's Radiator & Automotive Auto Repair Shop Hawkins Networking Car Dealership

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Dental Office HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

494
Businesses Nearby
47k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 74% Groceries 19% Dining 3% Electronics 2%
Schulz Market Groceries
9,168 visits/mo 0.4 miles
Dollar Tree Shops & Services
8,358 visits/mo 0.3 miles
BP Shops & Services
6,658 visits/mo 0.1 miles
Dollar General Shops & Services
5,019 visits/mo 0.3 miles
Marathon Shops & Services
4,630 visits/mo 0.3 miles

Demographics for 46041, IN

24,120
Population
9,889
Households
2.4
Avg Household Size
37
Median Age
17%
College-Educated
83%
High-School Grad
248.4 sq mi
ZIP Area
97
Density / Sq Mi
$60,716
Median Household Income
$39,503
Median Earnings
$900
Median Rent
$154,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Open commercial layout with central air, natural gas heating, and potential for retail, office, or café use.
Where is this mixed-use property located?
The property is located at 359 N Jackson Street Frankfort, IN.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 0.48‑acre corner property at 359 N Jackson Street, Frankfort, IN 46041; Commercial zoning; Open interior layout suitable for retail, office, café, or mixed‑use concepts
More about this property
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