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550 W Walnut Street

Frankfort, IN 46041
  • $415,000
  • STATUS: Active
  • ON SITE: 128 Days
  • MLS #: 22082405
UPDATED: 33 min ago
$415,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1996
County:

School Ratings & Info

Description

Turnkey Commercial building + Vacant Lot in Prime Frankfort Location!Excellent investment or owner-user opportunity! Updated commercial building originally built for a salon. New roof (2024), facia, A/C (2025), bathroom upgrades, and newer flooring throughout. 4 foot Crawl space. Includes adjacent vacant lot offering room for expansion, additional parking, building perfect to add a drive through access or new development. Great visibility on W. Walnut St. with strong traffic flow. Low-maintenance property with immediate income or redevelopment potential. Property is sold as a package with neighboring lot 506 W Walnut St. listed at MLS# 22082394 for lot pictures and listing information.

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© 2026 Metropolitan Indianapolis Board of REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-06-14T09:24:57.603. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
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550 W Walnut Street Frankfort, IN 46041

  • Price: $415,000
  • Status: Active
  • On Site: 128 Days
  • Updated: 33 min ago
  • MLS #: 22082405
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1996
Built
Neighborhood:
1210 - Clinton - Center
County:
Clinton
Area:
1210 - Clinton - Center
School District:
Community Schools Of Frankfort
Property Description
Turnkey Commercial building + Vacant Lot in Prime Frankfort Location!Excellent investment or owner-user opportunity! Updated commercial building originally built for a salon. New roof (2024), facia, A/C (2025), bathroom upgrades, and newer flooring throughout. 4 foot Crawl space. Includes adjacent vacant lot offering room for expansion, additional parking, building perfect to add a drive through access or new development. Great visibility on W. Walnut St. with strong traffic flow. Low-maintenance property with immediate income or redevelopment potential. Property is sold as a package with neighboring lot 506 W Walnut St. listed at MLS# 22082394 for lot pictures and listing information.
Exterior Features

Parking Features AsphaltGuest Road Access Access RdFrontage Road Road Frontage Type City Street Roof Asphalt

Interior Features

Building Area Total 1575 Cooling Central Air Heating Forced Air

Property Features

Acres <1/4 Acre Current Use Vacant Divisible No Dpr YN No New Construction YN No Possession ClosingNegotiable Property Sub Type Retail Retail Type Free Stand Semi Annual Property Tax Amt 1780 Space Available 1575 Special Listing Conditions As IsPackageOther Tax Year 2024 Township Center Transaction Type Sale Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning retail trd

Listing provided courtesy of AXEN Realty LLC: . © 2026 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2026 Metropolitan Indianapolis Board of REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-06-14T09:24:57.603. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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