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Mixed-Use Building with Apartment
For Sale
$139,000

258 East St, Frankfort, IN 46041

Main-level showroom and work areas complement an upstairs one-bedroom apartment with a screened-in porch.

Property SizeContact for details
Days on Market207

Property Features for 258 East St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $3,073
Listing Agency: Raeco Realty
Listed By: Joshua Shives · License #RB14045286
Source: Exprealty
Added: Feb 4 Changed: Aug 29 Last Checked: Aug 29 at 9:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Raeco Realty

Investment Insights

Based on property information with market context.

This mixed-use property combines commercial functionality on the main floor with a residential unit above. The lower level includes a showroom, full kitchen, half bath, workroom, and substantial storage, along with a partial basement for additional storage. These spaces support retail, office, or studio use as configured in the property information.

An upstairs one-bedroom apartment is rented through August 2026. The unit features a foyer, screened-in porch, and large living room, providing a distinct residential component within the building. The property is located at 258 East St in Frankfort, Indiana, and may accommodate continued commercial and residential use within its existing layout.

Key Highlights

  • Main level includes showroom, full kitchen, half bath, workroom, and storage
  • Upstairs one‑bedroom apartment rented through August 2026
  • Apartment features a foyer entry, screened‑in porch, and large living room

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic HVAC Service Bakery Storage Facility Kitchen & Bath Showroom

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

575
Businesses Nearby
32k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 86% Home Improvements & Furnishings 7% Dining 5% Electronics 3%
Speedway Shops & Services
13,232 visits/mo 0.5 miles
Dollar General Shops & Services
5,019 visits/mo 0.5 miles
Marathon Shops & Services
4,630 visits/mo 0.5 miles
AutoZone Shops & Services
3,924 visits/mo 0.3 miles
Domino's Pizza Dining
1,603 visits/mo 0.5 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

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Mixed-use property - Main-level showroom and work areas complement an upstairs one-bedroom apartment with a screened-in porch.
Where is this mixed-use property located?
The property is located at 258 East St Frankfort, IN.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Main level includes showroom, full kitchen, half bath, workroom, and storage; Upstairs one‑bedroom apartment rented through August 2026; Apartment features a foyer entry, screened‑in porch, and large living room
More about this property
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