407 Main StFrankfort, IN 46041

Property Details for 407 Main St

Year built

1917

Construction

WOOD

Lot size

0.49 AC

Property size (Sq ft)

43,874 SF

Property type

Other commercial real estate

APN

12-10-10-210-017.000-021

APU

121010210017000021

Description

This exceptional 0.74-acre commercial property at 407 N Main Street, Frankfort, IN, presents a unique investment opportunity. Originally Frankfort's historic cigar factory, this building has been meticulously renovated to blend its charming historical character with modern functionality. The main level offers versatile space suitable for a variety of business uses, from office space to retail or creative endeavors. Significant upgrades ensure both historical integrity and operational efficiency. These improvements include a substantial 800-volt power capacity, providing ample power for modern business needs. A fully updated sprinkler system ensures safety, while a firewall-protected utility room enhances security and maintenance. The HVAC system and elevator bands have also been recently upgraded, minimizing operational concerns and maximizing efficiency. The building's location in Frankfort, Indiana, offers excellent visibility and accessibility. This property represents a rare chance to own a piece of local history while benefiting from modern amenities and a versatile layout, making it an ideal investment for discerning buyers seeking a unique and well-maintained commercial space. The asking price is $350,000.

• Alternative Use

  Use

  Valuation

  Residential

  $16,138,909

  Hospitality

  $14,783,154

  Educational

  $12,299,410

  Medical

  $12,722,406

  Retail

  $19,132,416

Location Insight

City

Frankfort

County

Clinton

State

Indiana

Latitude

40.284

Longitude

-86.5116

CBSA code

23140

CBSA name

FRANKFORT, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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