1921 Wabash St Frankfort, IN 46041
Frankfort Plaza Suites, located at 1921 E Wabash St, Frankfort, IN 46041, presents a unique opportunity for businesses seeking versatile commercial space. This single-story, 31,252 square foot building, constructed in 1959, offers a flexible layout suitable for medical, executive, or traditional office uses, as well as retail or restaurant purposes. The property features a total of three suites, with the entire 31,252 square feet currently vacant and available for lease or build-to-suit redevelopment. Minimum leasable space is 10,000 square feet, allowing for expansion opportunities. The building sits on 3 acres of land and boasts ample parking with 122 spaces, providing convenient access for employees and clients. Its location off a main Frankfort thoroughfare ensures high visibility and accessibility. The property is classified as Class B and presents a strong potential for redevelopment, catering to a variety of business needs. The high parking ratio and build-to-suit compatibility make this a highly attractive option for businesses seeking a prominent location in Frankfort, Indiana.
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Dollar General Discount Store
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Western Union Bank Credit Union
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Brandon's Burgers Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.