Frankfort, IN 46041 258 S East Street

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Presented By: Joshua Shives with Raeco Realty;
  • MLS# 202603493
  • 02/04/2026
  • Get pre-approved
  • Request Tour
  • Request Info
  • Baths • 1
  • SQFT • 2,401

Home Details

Discover incredible potential in Frankfort with this versatile property thats ready for its next chapter. The main level features a spacious showroom, full kitchen, half bath, workroom, and abundant storage spaceperfect for retail, office, or studio use. This building has hosted a variety of successful businesses over the years and can easily be transformed into a residential apartment or mixed-use space to maximize income potential. A partial basement offers additional storage. Upstairs, youll find a one-bedroom apartment currently rented through August 2026. The unit includes a foyer entry, screened-in porch, and a large living roomideal for steady rental income or owner occupancy. Dont miss out on this unique investment opportunity. Schedule your showing today!
Presented By: Joshua Shives with Raeco Realty;

Interior Features for 258 S East Street

Other Interior Features

Basement Y/NYes
Burglar Alarm Y/NNo
Interior Height9
Smoke/Fire Alarm Y/NYes
Water Heater Y/NYes
FIRE PROTECTIONCity
Equipment Y/NNo
Basement/FoundationPartial Basement
FlooringCarpet, Laminate, Wood
WallsDrywall, Vinyl

General for 258 S East Street

# of Buildings1
Age126
Agent First NameJoshua
Agent Last NameShives
Annual Taxes3073.9
AreaClinton County
Associated Document Count1
Auction Y/NNo
Bathrooms1
Ceiling Height9
CityFrankfort
ClassCOMMERCIAL
CoolingWall AC
DOM34
FIPS Code18023
HeatingForced Air
Legal Description016-10062-00 J A BARNERS ADD PT LT 3 407-A-2-2376-2516-A-2-A
LocationCity
New ConstructionNo
PROPOSED FINANCINGCash, Conventional
ParkingYes
ParkingLot, Off-Street, Unpaved
Present UseInvestment Property
REONo
RoofShingle
SewerCity
Special Features220 Volts, Living Space, Basement, Delivery Door, Office Space
StatusActive
StatusActive
Status Detail0
Stories Count1
SubdivisionNone
Tax Year2026
TownshipCenter
TypeMixed Use
Virtual TourClick here
Year Built1900

Exterior for 258 S East Street

Approx. Lot Size Acres0.0606
Construction Type 1site Built
DrivewayConcrete
ExteriorAluminum, Vinyl, Wood
Ingress/EgressConcrete
Lot Dimensions48x55
Lot Size Area2640
Parking TypeLot, Off street, paved, unpaved
Road AccessCity
Security Light Y/NNo
Sprinkler System Y/NNo
Water FeaturesNone
Water Softener Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Ryan Orr

Associate
Price $139,000
MLS#202603493
List Date 02/04/2026
Property Type Commercial
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