Mixed-Use Retail and
For Sale
$139,000
258 South East Street, Frankfort, IN 46041
Mixed-use property with a showroom, kitchen, half bath, and a rented upstairs one-bedroom apartment through August 2026.
Property Size2,640 SF
Price / SF$52.65
Days on Market217
Property Features for 258 South East Street
General Information
Standard status
Active
Size
2,640 SF
Property subtype
Commercial / Mixed Use
Taxes and HOA fees
Annual Taxes
$3,074
Amenities
Wall AC
1
Yes
Carpet, Laminate, Wood
Forced Air
Partial Basement
Concrete
Aluminum, Vinyl, Wood
Shingle
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Raeco Realty
Listed By:
Joshua Shives · License #RB14045286
(765) 404-9900
Source:
Compass
Added: Feb 1
Changed: Aug 14
Last Checked: Aug 14 at 7:56AM
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 offers a main level designed for flexible commercial use, with a spacious showroom, full kitchen, half bath, workroom, and abundant storage. A partial basement adds additional storage space. Upstairs, there is a one-bedroom apartment that is currently rented through August 2026.
The apartment includes a foyer entry, a screened-in porch, and a large living room. The property has operated as multiple business types over the years and may also be adapted for residential or mixed-use configurations depending on the buyer’s plans.
Overall, the building provides two distinct levels for combined commercial and residential use, with practical space for day-to-day operations on the main floor and an income-producing unit upstairs.
The apartment includes a foyer entry, a screened-in porch, and a large living room. The property has operated as multiple business types over the years and may also be adapted for residential or mixed-use configurations depending on the buyer’s plans.
Overall, the building provides two distinct levels for combined commercial and residential use, with practical space for day-to-day operations on the main floor and an income-producing unit upstairs.
Key Highlights
- 1‑story mixed‑use building with a main level showroom, full kitchen, and half bath
- Includes a partial basement for additional storage
- Upstairs 1‑bedroom apartment is currently rented through August 2026
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
36k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Dining 4%
Electronics 3%
Home Improvements & Furnishings 2%
Dollar Tree
Shops & Services
8,358 visits/mo
0.5 miles
BP
Shops & Services
6,658 visits/mo
0.5 miles
Dollar General
Shops & Services
5,019 visits/mo
0.3 miles
Marathon
Shops & Services
4,630 visits/mo
0.3 miles
AutoZone
Shops & Services
3,924 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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with a showroom, kitchen, half bath, and a rented upstairs one-bedroom apartment through August 2026.
Where is this mixed-use property located?
The property is located at 258 South East Street 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: 1‑story mixed‑use building with a main level showroom, full kitchen, and half bath; Includes a partial basement for additional storage; Upstairs 1‑bedroom apartment is currently rented through August 2026
