Frankfort, IN
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    Frankfort, IN Restaurants for Sale

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    Rossville, IN Mulberry, IN Kirklin, IN
    Frankfort Retail Center For Sale
    $1,760,439
    20,008 SF
    Frankfort Retail Center For Sale

    2425 East Wabash Street, Frankfort, IN 46041

    90% occupied retail center with value-add opportunity.
    • 90% occupied multi‑tenant retail center with value‑add potential through lease up of 1,900 square feet.
    • Shadow‑anchored by Rural King, Walmart, and Aldi, providing high traffic.
    • Anchor tenant, Anytime Fitness, occupies 30% of the building and ranks in the top 15% nationwide, lease through June 2030.
    • Diverse mix of seven service‑oriented tenants, with half in the center for over 25 years.
    • Located on a busy street with 15,000 vehicles per day and strong demographics: 20,000 residents with an average household income of $82,000 within five miles.
    Updated: May 21
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    Corner Lot Commercial Building
    $500,000
    0.48 Acres
    Corner Lot Commercial Building

    359 N Jackson Street, Frankfort, IN 46041

    Flexible open retail/office layout on a corner lot near downtown Frankfort with space suited for a variety of business types.
    • Prime corner lot location near downtown Frankfort with high visibility and traffic.
    • Adaptable open floor plan suitable for various business types.
    • Low taxes.
    • Located in a thriving business district with high foot traffic.
    • Ample signage opportunities due to corner location.
    Updated: Nov 8, 2024
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    Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 2 Active listings in Frankfort, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Kokomo Retail Investment Opportunity
    $1,360,000
    0.87 Acres
    Kokomo Retail Investment Opportunity

    Two-tenant building on high-traffic Southway Blvd. with strong income.

    508 E Southway Boulevard, Kokomo, IN 46902

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    Kokomo Retail/Restaurant Opportunity For Sale
    $425,000
    4,184 SF
    Kokomo Retail/Restaurant Opportunity For Sale

    Retail or restaurant property for sale in Kokomo, Indiana.

    408 E Center Rd, Kokomo, IN

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    Westfield Restaurant Opportunity
    Contact for pricing
    3,200 SF
    Westfield Restaurant Opportunity

    Restaurant property for sale in Westfield, Indiana.

    222 E 175th St, Westfield, IN 46074

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    Westfield Land Parcel For Sale
    $2,450,000
    Westfield Land Parcel For Sale

    Large lot suitable for restaurants, office, or medical use.

    306 Park Street, Westfield, IN 46074

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Zoned Commercial/Farmland Development Land
    $1,350,000
    5.13 Acres
    Zoned Commercial/Farmland Development Land

    Vacant, previously developed land directly on Highway 32 with city zoning that supports commercial use planning.

    823 W State Road 32, Westfield, IN 46074

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    Zoned B-2 Commercial Infill Lot
    $799,900
    1.00 Acre
    Zoned B-2 Commercial Infill Lot

    Commercial land zoned B-2 in a shopping center area with shared parking access, suited for a build-to-suit development.

    Weston Pointe Drive, Carmel, IN 46032

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    Zoned Commercial Development Land
    $750,000
    5.00 Acres
    Zoned Commercial Development Land

    5-acre in-city land zoned B-3, suited for a range of commercial development plans.

    S Elm Street, Crawfordsville, IN 47933

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    C-3 Zoned Development Land
    $700,000
    4.53 Acres
    C-3 Zoned Development Land

    4.53-acre Hamilton County site zoned C-3, including a residence plus horse barn and pasture.

    8440 E 216th Street, Cicero, IN 46034

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    Off-Market Properties in Frankfort, IN

    Consider similar Off-Market properties in Frankfort, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1958 Wabash St
    RESTAURANT
    Lot: 0.52 Acres
    Value Estimation by Request

    1958 Wabash St, Frankfort, IN 46041-2751

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    2000 Wabash St
    RESTAURANT
    Lot: 1.78 Acres
    Value Estimation by Request

    2000 Wabash St, Frankfort, IN 46041-2753

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    1709 Wabash St
    RESTAURANT
    2,755 SF Lot: 0.53 Acres
    Value Estimation by Request

    1709 Wabash St, Frankfort, IN 46041-2748

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    2301 Wabash St
    RESTAURANT
    Lot: 1.77 Acres
    Value Estimation by Request

    2301 Wabash St, Frankfort, IN 46041-2884

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    2403 Wabash St
    RESTAURANT
    Lot: 1.45 Acres
    Estimated value
    $1,515,000

    2403 Wabash St, Frankfort, IN 46041-9400

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    1402 Mckinley Ave
    RESTAURANT
    1,866 SF Lot: 0.16 Acres
    Value Estimation by Request

    1402 Mckinley Ave, Frankfort, IN 46041-1803

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    304 Walnut St
    RESTAURANT
    Lot: 0.25 Acres
    Value Estimation by Request

    304 Walnut St, Frankfort, IN 46041-2367

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    2446 Wabash St
    RESTAURANT
    3,354 SF Lot: 1.05 Acres
    Value Estimation by Request

    2446 Wabash St, Frankfort, IN 46041-9429

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    2201 Wabash St
    RESTAURANT
    2,790 SF Lot: 0.88 Acres
    Value Estimation by Request

    2201 Wabash St, Frankfort, IN 46041-2890

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    1921 Wabash St
    Restaurants
    31,252 SF Lot: 3.00 Acres
    Value Estimation by Request

    1921 Wabash St, Frankfort, IN 46041

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    2432 Wabash St
    RESTAURANT
    4,629 SF Lot: 1.06 Acres
    Value Estimation by Request

    2432 Wabash St, Frankfort, IN 46041-9429

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    1603 Wabash St
    RESTAURANT
    Lot: 1.32 Acres
    Value Estimation by Request

    1603 Wabash St, Frankfort, IN 46041-2746

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    1503 Wabash St
    RESTAURANT
    2,851 SF Lot: 0.28 Acres
    Value Estimation by Request

    1503 Wabash St, Frankfort, IN 46041-2744

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    408 Main St
    RESTAURANT
    8,580 SF Lot: 0.40 Acres
    Value Estimation by Request

    408 Main St, Frankfort, IN 46041-1728

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    300 Hoke Ave
    RESTAURANT
    2,048 SF Lot: 0.84 Acres
    Value Estimation by Request

    300 Hoke Ave, Frankfort, IN 46041-2663

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    451 Clinton St
    RESTAURANT
    11,226 SF Lot: 0.45 Acres
    Value Estimation by Request

    451 Clinton St, Frankfort, IN 46041-1816

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    100 Park Dr
    RESTAURANT
    13,488 SF Lot: 2.72 Acres
    Value Estimation by Request

    100 Park Dr, Frankfort, IN 46041-2994

    View details

    Frankfort, IN Restaurants Market Trends and Statistics

    Explore 19 restaurants for sale in Frankfort, IN on our real estate platform. These investment opportunities span a total of 20,008 square feet of properties for sale, with an estimated market value of $1,760,439.

    Sale prices for restaurant properties in Frankfort, IN start at $1,760,439, averaging $1,760,439, and reaching up to $1,760,439 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Coffee shops 1
    Conventional restaurants 1

    Demographics Overview

    Population 25K
    Population Growth (5Y) -1.2%
    Median Household Income $61,986
    College Educated 23.9%

    High-Yield Neighborhoods for Investment

    Identify Frankfort submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46041 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 2.65%
    Property Tax per SF $43.32 per SF
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

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