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408 E Washington Street

Frankfort, IN 46041

ActiveListed Jan 21, 2025 · 633 days on market

Key facts

Living area
9,061 sqft
Lot
0.3 acres
Year built
1946
Type
Commercial Sale · Industrial
MLS #
21925814
County
Clinton
Total building area
9,061 sqft

About this home

This is a great opportunity in Downtown Frankfort. This property includes two buildings. The old auto parts store /Mack Machine Building and the church. This property is in the heart of downtown and with a little TLC could be amazing. It's steps away from the new Prairie Creek Park and all the events hosted there. Three off street garage door entries, one with elevator (unhooked) to second floor. Second floor could have a walk out deck looking out over the city. The possibilities are endless. Great location and tremendous visibility due to its triangular shape on the split street peninsula. 12' ceilings on ground level and 10' ceilings on second level. In 2021 a new roof was installed and a new 800 amp 3 phase panel.

Description provided by the listing brokerage.

Exterior

Roof
Membrane

Systems

Utilities
Electricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected

Lot and HOA

Zoning
C

Schools

Middle school
Frankfort Middle School
High school
Frankfort High School
School district
Community Schools of Frankfort

Taxes

Estimated annual tax
$2,948 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$1,647per month, estimated
Principal and interest $1,310Property tax $246Insurance $91
20% · $51,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$259,900
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