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Mixed-Use Land for Sale in Frankfort, Indiana

506 W Walnut St, Frankfort, IN 46041

$535,000
0.11 acres
Active
ago
Est $3,995/mo

Vacant Residential Lot and 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 is currently used as a salon with new roof, A/C, and modern finishes. Together, these parcels provide flexibility for live/work, mixed-use, or investment possibilities in a convenient, high-visibility location.

Location

Street address
506 W Walnut St
Community
Clinton - Center
School district
Community Schools of Frankfort
Elevation
861 feet
Coordinates
40.2798, -86.5172

Property details

Lot size
0.11 acres4,792 sq ft
Zoning
Residential
MLS #
MIBOR 22072870
Posted

Parcels

  • 121010183012000021

Legal description

Listing history

DateEventPriceChangeSource
Nov 11, 2025New listing$535,000MIBOR
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This 0.11-acre property is located at 506 W Walnut St in Frankfort, IN 46041. The property is available for sale for $535,000.

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