54 Washington StFrankfort, IN 46041
- Other commercial real estate
- 5,529 SF
Property Details for 54 Washington St
- Year built
- 1910
- Construction
- WOOD
- Lot size
- 0.07 AC
- Property size (Sq ft)
- 5,529 SF
- Property type
- Other commercial real estate
- APN
- 12-10-10-253-010.000-021
- APU
- 121010253010000021
Description
This exceptional commercial property, located at 54 E. Washington St. in Frankfort, Indiana, offers 5,808 square feet of versatile space ideal for office or medical use. The building, a charming two-story structure built in 1910, is situated in the heart of downtown Frankfort, offering convenient access to local amenities and major roadways. Two spaces are available, ranging from 2,506 to 5,257 square feet, and can be leased individually or combined to suit specific needs. Each space includes two restrooms and separate front and back entrances. Currently configured as "warm shells," these spaces provide significant opportunity for tenant build-outs to create customized layouts. The landlord is willing to collaborate on build-out plans to meet tenant specifications. The property's prime location offers easy access to Highway 28, placing it approximately 50 miles northwest of Indianapolis and 25 miles southeast of Lafayette. The surrounding area boasts local charm and convenience, with nearby restaurants, parks (like T.P.A. Park), and the Frankfort Community Public Library. This presents a unique opportunity to establish a business in a vibrant and historically rich community. The building is classified as Class B.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,033,825
- Hospitality
- $1,862,972
- Educational
- $1,549,971
- Medical
- $1,603,277
- Retail
- $2,411,066
Location Insight
- City
- Frankfort
- County
- Clinton
- State
- Indiana
- Latitude
- 40.2819
- Longitude
- -86.5112
- CBSA code
- 23140
- CBSA name
- FRANKFORT, IN MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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