IN > Frankton
Frankton, IN 46044,122 N Washington ST
Frankton, IN 46044,122 N Washington ST
Frankton, IN 46044,122 N Washington ST
Frankton, IN 46044,122 N Washington ST
Frankton, IN 46044,122 N Washington ST
Frankton, IN 46044,122 N Washington ST
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De'Anna Andrew

De'Anna Andrew

+1(317) 679-7274
Listed by Patrick Keller • CrestPoint Real Estate
$ 369,900
Est. payment | /mo

4,855 SqFt

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$ 369,900
Est. payment | /mo
Save Virtual Tour

4,855 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,855 sqft

Price per Sqft $76

MLS Listing ID 22010081

Year Built 1900

Tax Year 2023

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Mixed Use

Property Description

A unique opportunity awaits in this newly renovated mixed-use property, a turn key money-maker! The commercial space spans 2,404 sq ft on the main level, and the apartments on the 2nd level are nearly 2,500 sq ft total. The entire building has new HVAC, electrical, plumbing, windows, and roof! The 3 apartments upstairs all have 2 bedrooms and 1 bathroom, and have all new everything. They are all currently leased for another year, each bringing in $1,000 per month. Each unit has its own gas and electric meter, meaning tenants have full control over their climate and usage needs. The main level space provides a versatile blank canvas ready to be tailored for your business vision. With a solid foundation and recent construction, this space offers flexibility for a wide range of commercial uses, from retail to office space, or even a specialized venue, such as a vet clinic, restaurant, or fitness studio/gym. The bottom level as a commercial space could bring in up to $2,000 per month in rental income. Though currently zoned commercial, the space can be switched to residential, which allows further flexibility in how the space could be used, potentially creating a 4-plex. The building is on a full basement as well, which provides ample space for storage of supplies, inventory, and equipment you may have for your business. Whether you're a business owner looking for a fresh start or an investor seeking a flexible property, this is a rare find with endless potential!

Location

State IN

County Madison

Zoning Commercial/ Mixed Use

Interior

Heating Forced Air, Natural Gas

Fireplace N

Exterior

Utilities Available Electricity Connected, Sep Electric Meter, Sewer Connected, Water Connected

View Y/N true

View Downtown

Roof Type Rubber

Building

Story 2

New Construction false

Schools

Middle Schools Lapel Middle School

School District Frankton-Lapel Community Schools

Others

Virtual Tour https://indyvrmedia.seehouseat.com/2286444?idx=1

MIBOR MLS
© 2025 Listings courtesy of MIBOR as distributed by MLS GRID. All Rights Reserved.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(317) 679-7274

deanna.andrew@amr.group

Fishers, IN

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122 N Washington ST