5 Main StFrankfort, IN 46041

This exceptional commercial property at 5 S Main Street, Frankfort, IN, presents a unique investment opportunity. The building boasts two ground-floor retail units ideally positioned for high visibility and pedestrian traffic on a busy street. Currently, one of these units (Unit 7) is under lease, providing a consistent income stream through March 2027, mitigating risk for the new owner. The substantial upper floors, encompassing the second and third levels, offer significant untapped potential. These expansive, blank-canvas spaces are perfect for a variety of uses, including the development of additional retail space, modern office suites, or even stylish loft-style apartments. The 0.06-acre lot provides ample space for the building and potential future expansion. The asking price is $225,000. This property's blend of immediate income generation from the existing lease and the significant redevelopment possibilities makes it an attractive proposition for both seasoned investors and entrepreneurial business owners seeking a prime location in the thriving Frankfort market. The building's central location ensures easy access for customers and employees alike. Don't miss this chance to acquire a versatile commercial property with substantial upside in a desirable Indiana town.