# 258 S East Street, Frankfort, IN 46041

> **TL;DR:** 0bd/1ba commercial, $139,000, built 1900. Est. $602/mo. Listed 117 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $139,000 |
| Bathrooms | 1 full |
| Year Built | 1900 |
| Lot Size | 2,640 sqft (0.06 acres) |
| Stories | 1 |
| Property Type | Commercial (Mixed Use) |
| Status | For Sale |
| Days on Market | 117 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $602 |
| **Total** | **$602** |

## Property Highlights

- Built in 1900
- 0.06 acre lot

## Description

### Agent Description
Discover incredible potential in Frankfort with this versatile property that’s ready for its next chapter. The main level features a spacious showroom, full kitchen, half bath, workroom, and abundant storage space—perfect 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, you’ll find a one-bedroom apartment currently rented through August 2026. The unit includes a foyer entry, screened-in porch, and a large living room—ideal for steady rental income or owner occupancy. Don’t miss out on this unique investment opportunity. Schedule your showing today!

## Location

- **Address:** 258 S East Street, Frankfort, IN 46041
- **County:** Clinton County
- **Neighborhood:** None
- **Coordinates:** 40.279035, -86.505122
- **Google Maps:** https://www.google.com/maps?q=40.279035,-86.505122

## Listing Agent

- **Name:** Joshua Shives
- **Brokerage:** Raeco Realty
- **Phone:** 7654049900
- **Email:** josh@raecorealty.com

## Primary Photo

![258 S East Street - Primary Photo](http://lh.rdcpix.com/64ed9fde1b3306bc76d0babaeb3d462fl-f1434021300r.jpg)

*35 total photos available on [listing page](https://www.propertysimple.com/listing/258-s-east-street-frankfort-in-46041-02603493)*

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**MLS#:** 202603493 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Lafayette Regional Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/258-s-east-street-frankfort-in-46041-02603493)

---

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