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Property profile & analytics

54 Washington St Frankfort, IN 46041-1921

  • Commercial real estate
  • 5,529 SF
  • 0.07 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-2032403
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Oasis Addiction Rehab IN / Counselor

Property Details for 54 Washington St

Year built
1910
Construction
WOOD
Lot size
0.07 lot acres
Property size
5,529 SF
Property type
Commercial real estate
APN
12-10-10-253-010.000-021
APU
121010253010000021

Description

This exceptional commercial property, located at 54 E. Washington St. in Frankfort, Indiana, offers 5,808 square feet of versatile space ideal for office or medical use. The building, a charming two-story structure built in 1910, is situated in the heart of downtown Frankfort, offering convenient access to local amenities and major roadways. Two spaces are available, ranging from 2,506 to 5,257 square feet, and can be leased individually or combined to suit specific needs. Each space includes two restrooms and separate front and back entrances. Currently configured as "warm shells," these spaces provide significant opportunity for tenant build-outs to create customized layouts. The landlord is willing to collaborate on build-out plans to meet tenant specifications. The property's prime location offers easy access to Highway 28, placing it approximately 50 miles northwest of Indianapolis and 25 miles southeast of Lafayette. The surrounding area boasts local charm and convenience, with nearby restaurants, parks (like T.P.A. Park), and the Frankfort Community Public Library. This presents a unique opportunity to establish a business in a vibrant and historically rich community. The building is classified as Class B.


Value Estimations

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Location Insight

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City
Frankfort
County
Clinton
State
Indiana
Longitude
-86.5112
Latitude
40.2819
CBSA code
23140
CBSA name
FRANKFORT, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,987
$9,900
$50,200
$60,100
-
$9,900
$50,200
$60,100
More about this property
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