Additional Details

Property Details

Lot Dimensions:

6490

Road Frontage:

City Street

Road Access:

Access Rd, Frontage Road

Zoning:

Retail Trd

Total Sq. Ft.:

1, 575

Directions:

GPS Friendly

Cool

Central Air

Heat

Forced Air

Tax and Financial Info

Semi-Annual Property Tax:

$1, 780

Tax Year:

2024

Other Disclosures:

As Is, Package, Other

Quick View

Address:

550 W Walnut Street Frankfort IN 46041

Status:

Active

On Site:

148 Days On Site

Price:

$415, 000

Sq. Feet:

1, 575

Year Built:

1996

Lot Size:

0.15

County:

Clinton

Township:

Center

MLS #:

22082405

Property Type:

Retail

Community Information

Area:

1210 Clinton Center

City:

Frankfort

Zip Code:

46041

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.

Source: MIBOR as distributed by MLS GRID, MLS ID: 22082405

Listing provided courtesy of Kathy Zamora 317-506-8626 with AXEN Realty LLC

Last Updated: 5/5/2026 | 10:10 PM

Home Details

Status: Active

Price: $415,000

Address: 550 W Walnut Street, Frankfort, IN 46041

Bedrooms:

Bathrooms: 0

Square Feet: 1,575

148 days on Site

• Property Type: Commercial sale
• Built in 1996
• 148 days on Site
• 0.15 Lot Size
• Cooling: Central Air
• Heating: Forced Air