506 W Walnut Street, Frankfort, IN 46041

$35,000

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List Price
$35,000
MLS#
22082394
Property Type
Land
Days on Market
176
Status
ACTIVE

Property Description

Vacant Residential Lot Sold with an Updated Commercial Building in Frankfort, IN. Rare opportunity to own a residential lot at 506 W Walnut St alongside an updated commercial property at 550 W Walnut St. The vacant lot offers potential for residential build, parking, or expansion (subject to zoning). The adjoining building originally built for a salon can be converted to add a drive through service, extra parking opportunity. New roof, facia, A/C, and modern finishes. Together, these parcels provide flexibility for live/work, mixed-use, or investment possibilities in a convenient, high-visibility location. See BLC#22082405 for pictures and Listing price and information.

Additional Information

Present Zoning
Not Applicable
Land Characteristics
Rectangle, Rural Not in Subdivision
Topography
See Remarks
Soil Type
Other
Development Status
Not Applicable
Facilities on Site
Not Applicable
Facilities near Site
Electric, Gas, Telephone, Water & Sewer
Water
See Remarks
Sewer
Not Applicable
Road Access
Access Rd
Road Frontage
City Street
Road Surface
NotApplic
Acres
0.11
Water
See Remarks
Region
Center

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of AXEN Realty LLC.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative