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258 S East Street

Frankfort, IN 46041
  • $139,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 202603493
UPDATED: 16 min ago
$139,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,401
    SQFT
Neighborhood:
None
Type:
Commercial-Lease
Built:
1900
County:
Clinton
Area:
Clinton

School Ratings & Info

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Listing provided by Joshua Shives of Raeco Realty: .

Description

Discover incredible potential in Frankfort with this versatile property that’s ready for its next chapter. The main level features a spacious showroom, full kitchen, half bath, workroom, and abundant storage space—perfect for retail, office, or studio use. This building has hosted a variety of successful businesses over the years and can easily be transformed into a residential apartment or mixed-use space to maximize income potential. A partial basement offers additional storage. Upstairs, you’ll find a one-bedroom apartment currently rented through August 2026. The unit includes a foyer entry, screened-in porch, and a large living room—ideal for steady rental income or owner occupancy. Don’t miss out on this unique investment opportunity. Schedule your showing today!



© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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 MLS or Keller Williams Realty. Data last updated: 2026-02-15T17:27:49.8.

www.felecialivingstonrealestate.com/homes/172732388
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258 S East Street Frankfort, IN 46041

  • Price: $139,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 16 min ago
  • MLS #: 202603493
0
Beds
0
Baths
0
½ Baths
0.06
Acres
2,401
SQFT
$58
$/SQFT
1900
Built
Neighborhood:
None
County:
Clinton
Area:
Clinton
Property Description
Discover incredible potential in Frankfort with this versatile property that’s ready for its next chapter. The main level features a spacious showroom, full kitchen, half bath, workroom, and abundant storage space—perfect for retail, office, or studio use. This building has hosted a variety of successful businesses over the years and can easily be transformed into a residential apartment or mixed-use space to maximize income potential. A partial basement offers additional storage. Upstairs, you’ll find a one-bedroom apartment currently rented through August 2026. The unit includes a foyer entry, screened-in porch, and a large living room—ideal for steady rental income or owner occupancy. Don’t miss out on this unique investment opportunity. Schedule your showing today!
Exterior Features

Construction Type1 site Built Driveway Concrete Exterior AluminumVinylWood Fire Doors YN No Location City Lot Dimensions 48x55 Parcel Description Corner Parking LotOff-StreetUnpaved Parking Type LotOff streetpavedunpaved Parking YN Yes Road Access City Roof Material Shingle Security Light YN No Sign Type Attached Building Signs Signs YN Yes Water Features None Waterfront YN No

Interior Features

Basement Foundation Partial Basement Basement YN Yes Bldg1 Above Grd Sq Ft 2401 Bldg1 Below Grd Sq Ft 785 Bldg1 Fin Office Sq Ft 0 Ceiling Height 9 Column Spacing 0 Cooling Wall AC Flooring CarpetLaminateWood Heating Fuel Forced Air Interior Height 9 Interior Walls DrywallVinyl Internal Rooms KitchenOfficeShowroomStorageWorkroom Special Features 220 VoltsLiving SpaceBasementDelivery DoorOffice Space Total Restrooms 1

Property Features

Annual Taxes 3073.9 Auction YN No Buildings 1 Burglar Alarm YN No Currently Leased YN Yes Documents Available Sellers Disclosure Electric Company Frankfort Munic. Util. Enterprise Zone No Equipment YN No Fire Protection City For Sale Or Rent For Sale Ingress Egress Concrete Lease Available YN Yes Lease Term Remaining 2026 New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Property Sub Type Mixed Use Property Use Investment Property Proposed Financing CashConventional Reo YN No Sale Includes BuildingLease Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN No Tax Abatement No Township Center Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2026

Listing provided by Joshua Shives of Raeco Realty: .

© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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 MLS or Keller Williams Realty.


© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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 MLS or Keller Williams Realty. Data last updated: 2026-02-15T17:27:49.8.

 
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Keller Williams Realty
Lafayette, West Lafayette
and Kokomo IN,
Listing provided by Joshua Shives of Raeco Realty: .