5 Main, Frankfort, IN 46041 - Myers Trust

5 Main, Frankfort, IN 46041

Overview

MLS ID: #202441459
Price: $ 225,000
Sq Ft: 9,600
Office SqFt: 9,600
Lot Size: 0.06 Acres
Year Built: 1900
Zoning:
Taxes: $ 2,550
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Discover the versatility and potential of 5 S. Main St, a standout commercial building offering dual retail spaces on the bustling street level, ideal for business visibility and foot traffic. The second and third floors provide expansive blank canvases, ready for your vision—whether you’re looking to develop office spaces, additional retail, or loft-style apartments. Unit 7 is leased through March 2027, ensuring stable income for the new owner. Whether you’re an investor or a business owner, this property’s combination of leased space and redevelopment potential makes it a rare find in the heart of Frankfort!

MLS ID: 202441459

Details

Planned Unit Dev No
Auction No
Zoning Description C/1 Building C 01
New Construction No
Number of Buildings 1
Building 1
Bldg 1 Above Ground SF 9,600
Bldg 1 Below Ground SF 2,400
Bldg 1 Stories 3
Bldg 1 Finished Office SF 2,400
Lot Dimensions 50x51
Approx Lot Size SqFt 2,550
Approx Lot Size Acres 0
Known Soil Contaminants No
Known UG Storage Tanks No
Ceiling Height 12
Road Surface Paved
Road Access City
Lighted Intersection Yes
Parking No
Parking Public, Street
Total Restrooms 2
Interior Height 12
Column Spacing 12
Ingress/Egress None
Water Front No
Water Front Type None
Currently Leased Yes
Lease Term Remaining 3 years 5 months
Sprinkler System No
Signs Yes
Sign Type Attached Building Signs
Fire Doors No
Enterprise Zone No
Sale Includes: Building
Heating/Fuel Gas, Forced Air
Cooling Central Air
Exterior Brick
Roof Material Rubber
Interior Walls Concrete, Drywall
Flooring Ceramic Tile, Concrete, Vinyl
Water Utility City
Sewer City
Special Features Alley, Basement, Office Space, Reception Area
Annual Taxes $2,549.72
Gross Monthly Rent $675.00

Map

Listing Office: BerkshireHathaway HS IN Realty

Listing Agent: Jazah Jones

Disclaimer:

Property information is provided by the Indiana Regional MLS. The IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.