Frankfort, IN
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    Frankfort, IN Shopping Centers for Sale

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    Kirklin, IN Colfax, IN Lebanon, 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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    Frankfort Retail Center For Sale
    Contact for pricing
    Frankfort Retail Center For Sale

    2472-2488 E. Wabash St., Frankfort, IN 46041

    High-visibility retail center with established tenants in Frankfort, Indiana.
    • High‑visibility location with significant foot traffic.
    • Anchored by major tenants: T‑Mobile, Great Clips, Columbia Title Co., and Biggby Coffee.
    • Easy access and ample parking with overflow options.
    • Proximity to a gas station.
    • Entrance to Walmart - high traffic visibility, with signage & exposure.
    Updated: Mar 6
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    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 2 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.

    Modern Retail Center in Indianapolis
    $5,250,000
    12,277 SF
    Modern Retail Center in Indianapolis

    Stabilized retail center in a high-growth Indianapolis submarket.

    8220 E 106th St, Indianapolis, IN 46256

    View details
    Retail Strip Center in Plainfield
    $1,690,000
    7,564 SF
    Retail Strip Center in Plainfield

    Prime retail strip center with six units, all currently leased.

    2028 Stafford Road, Plainfield, IN 46168

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    Fully Leased Retail Center
    $1,200,000
    12,840 SF
    Fully Leased Retail Center

    Retail center with additional land, conveniently located and fully leased.

    4202 W 56th St, Indianapolis, IN

    View details
    Plainfield Retail Center For Sale
    Contact for pricing
    41,652 SF
    Plainfield Retail Center For Sale

    Retail property in Plainfield, Indiana, offered for sale.

    160 PLAINFIELD VILLAGE DR, Plainfield, IN

    View details

    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.

    Carmel Retail Outlots on 146th
    Contact for pricing
    2.70 Acres
    Carmel Retail Outlots on 146th

    2.7± acres available in a walkable, connected community.

    7249 E 146th St, Carmel, IN 46033

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    Noblesville Land Parcel For Sale
    $1,799,000
    2.20 Acres
    Noblesville Land Parcel For Sale

    2.2-acre parcel zoned PB in high-visibility Noblesville corridor.

    4844 Conner Street, Noblesville, IN 46060

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    9.5-Acre Development Opportunity in Avon
    $3,600,000
    9.50 Acres
    9.5-Acre Development Opportunity in Avon

    Premier land parcel for mixed-use, retail, or multifamily development.

    5283 East Main Street, Avon, IN 46123

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    Prime Land Parcel in Plainfield
    $1,995,000
    2.72 Acres
    Prime Land Parcel in Plainfield

    2.72 acre commercial land parcel in Plainfield, Indiana.

    1771 Quaker Boulevard, Plainfield, IN 46168

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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.

    2488 State Rd 28
    SHOPPING CENTER, STRIP CENTER
    8,160 SF Lot: 1.03 Acres
    Value Estimation by Request

    2488 State Rd 28, Frankfort, IN 46041

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    1401 Walnut Ave
    WHOLESALE OUTLET, DISCOUNT STORE
    9,000 SF Lot: 0.13 Acres
    Value Estimation by Request

    1401 Walnut Ave, Frankfort, IN 46041-1856

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    350 Hoke Ave, Unit 354
    SHOPPING CENTER, STRIP CENTER
    5,400 SF Lot: 0.45 Acres
    Value Estimation by Request
    Unit 354

    350 Hoke Ave, Frankfort, IN 46041-2663

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    1407 Wabash St
    SHOPPING CENTER, STRIP CENTER
    53,404 SF Lot: 9.49 Acres
    Estimated value
    $890,000

    1407 Wabash St, Frankfort, IN 46041-2742

    View details
    1640 State Rd 28
    SHOPPING CENTER, STRIP CENTER
    7,500 SF Lot: 8.05 Acres
    Value Estimation by Request

    1640 State Rd 28, Frankfort, IN 46041-6998

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    2472 Wabash St
    Neighborhood centers
    8,160 SF
    Value Estimation by Request

    2472 Wabash St, Frankfort, IN 46041

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    1911 Wabash St
    WHOLESALE OUTLET, DISCOUNT STORE
    12,000 SF Lot: 1.85 Acres
    Estimated value
    $930,000

    1911 Wabash St, Frankfort, IN 46041-2752

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    Wabash St
    SHOPPING CENTER, STRIP CENTER
    20,804 SF Lot: 1.08 Acres
    Estimated value
    $755,000

    Wabash St, Frankfort, IN 46041

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    1907 Wabash St
    SHOPPING CENTER, STRIP CENTER
    15,300 SF Lot: 1.45 Acres
    Value Estimation by Request

    1907 Wabash St, Frankfort, IN 46041

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    2401 Wabash St
    WHOLESALE OUTLET, DISCOUNT STORE
    69,134 SF Lot: 11.33 Acres

    2401 Wabash St, Frankfort, IN 46041-9400

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    2460 Wabash St
    WHOLESALE OUTLET, DISCOUNT STORE
    154,470 SF Lot: 17.20 Acres
    Estimated value
    $7,880,000

    2460 Wabash St, Frankfort, IN 46041-9429

    View details

    Frankfort, IN Shopping Centers Investment Opportunities Market Analysis

    Explore 13 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

    Automotive properties 3
    Shopping centers 2
    Car washes 1
    Self service car washes 1
    Showrooms 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 median 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 sq ft
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

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