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Listed price in listed location currency (USD).
$500,000

000

MLS® 22082405

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 64
Lot Size 
Approx. Age 1996
MLS® Number 22082405

Property Address: 550 W Walnut St, Frankfort, IN, 46041-2371

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number22082405
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1996
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 5, 2026List Date
$500,000List Price
-End Date
Not Sold YetSold Price

For Rent

Apr 10, 2026List Date
$2,000List Price
  • Commute

Commute

Starting Address
Destination Address
550 W Walnut St, Frankfort, IN

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