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Frankfort, IN

Shopping Center

Frankfort, IN Shopping Centers for Sale

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Rossville, IN Mulberry, IN Lebanon, IN Colfax, IN Kirklin, IN Lafayette, IN Thorntown, IN Clarks Hill, IN

Frankfort Retail Center For Sale

Updated: May 21

Frankfort Retail Center For Sale

2425 East Wabash Street, Frankfort, IN 46041

$1,760,439

20,008 sqft

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.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 1 Active listings in Frankfort, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 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.

Neighborhood Retail Center with Net Leases

Neighborhood Retail Center with Net Leases

3643-3677 W 86th St, Indianapolis, IN 46268

$3,899,000

19,676 sqft

Fully occupied neighborhood center anchored by Goodyear with net-leased storefronts and recent renovations.

Strip Mall Retail Center

Strip Mall Retail Center

5868 East 71st Street, Indianapolis, IN 46220

$8,150,000

24,597 sqft

For sale retail shopping center offering storefront space in a strip-mall configuration.

Plainfield Retail Center For Sale

Plainfield Retail Center For Sale

160 PLAINFIELD VILLAGE DR, Plainfield, IN

Contact for pricing

41,652 sqft

Retail property in Plainfield, Indiana, offered for sale.

Multi-Tenant Retail Center with Anchor

Multi-Tenant Retail Center with Anchor

2230 Stafford Rd, Plainfield, IN 46168

Contact for pricing

26,000 sqft 3.90 AC lot

Multi-tenant retail center on a 3.90-acre parcel anchored by Chicago's Pizza, featuring 9 current tenants.

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 Neighborhood Shopping Center Parcels

Zoned Neighborhood Shopping Center Parcels

241 N Scatterfield Road, Anderson, IN 46012

$2,700,000

21.55 AC lot

Four B-3 commercial land parcels offer flexible development options near established retail and banking tenants.

B-3 Zoned Commercial Land Parcel

B-3 Zoned Commercial Land Parcel

University Boulevard, Anderson, IN 46012

$812,000

8.12 AC lot

8.12+-acre B-3 commercial parcel with University Blvd frontage and direct access from Scatterfield Road.

Mixed-Zoned Land for Development

Mixed-Zoned Land for Development

4440 State Road 37 N, Martinsville, IN 46151

$6,800,000

29.87 AC lot

Near the White River with B2 and B3 zoning, plus agricultural zoning on part of the site.

Zoned Commercial Development Land

Zoned Commercial Development Land

Wysscraft Lane, Martinsville, IN 46151

$5,800,000

10.00 AC lot

Multi-zoned 10-acre commercial parcel with electrical service on site and county TIF incentives available for development.

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.

2488 State Rd 28

SHOPPING CENTER, STRIP CENTER

2488 State Rd 28, Frankfort, IN 46041

Value Estimation by Request

8,160 sqft 1.03 AC lot

1401 Walnut Ave

WHOLESALE OUTLET, DISCOUNT STORE

1401 Walnut Ave, Frankfort, IN 46041-1856

Value Estimation by Request

9,000 sqft 0.13 AC lot

350 Hoke Ave, Unit 354

SHOPPING CENTER, STRIP CENTER

350 Hoke Ave, Frankfort, IN 46041-2663

Unit 354

Value Estimation by Request

5,400 sqft 0.45 AC lot

SHOPPING CENTER, STRIP CENTER

1407 Wabash St, Frankfort, IN 46041-2742

$890,000

Estimated value

53,404 sqft 9.49 AC lot

1640 State Rd 28

SHOPPING CENTER, STRIP CENTER

1640 State Rd 28, Frankfort, IN 46041-6998

Value Estimation by Request

7,500 sqft 8.05 AC lot

Neighborhood centers

2472 Wabash St, Frankfort, IN 46041

Value Estimation by Request

8,160 sqft

WHOLESALE OUTLET, DISCOUNT STORE

1911 Wabash St, Frankfort, IN 46041-2752

$930,000

Estimated value

12,000 sqft 1.85 AC lot

SHOPPING CENTER, STRIP CENTER

Wabash St, Frankfort, IN 46041

$755,000

Estimated value

20,804 sqft 1.08 AC lot

SHOPPING CENTER, STRIP CENTER

1907 Wabash St, Frankfort, IN 46041

Value Estimation by Request

15,300 sqft 1.45 AC lot

WHOLESALE OUTLET, DISCOUNT STORE

2401 Wabash St, Frankfort, IN 46041-9400

$1,525,000

Estimated value

69,134 sqft 11.33 AC lot

WHOLESALE OUTLET, DISCOUNT STORE

2460 Wabash St, Frankfort, IN 46041-9429

$7,880,000

Estimated value

154,470 sqft 17.20 AC lot

Frankfort, IN Shopping Centers Market Trends and Statistics

Explore 12 shopping centers 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 plazas 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

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	$880.2K

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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