For Sale
496 Indiana 26
496 Indiana 26, Frankfort, IN 46041
Located just 4 miles east of Rossville on State Road 26 EastPosition your investment in Sedalia with this full‑block, multi‑unit commercial strip offering stable tenancy, flexible space, and future development upside. With 4,493 cars per day passing by, this Main Street location delivers consistent visibility and accessibility.
The property features a long‑standing 400 SF United States Postal Service office anchor tenant, providing reliable foot traffic and community presence, a 12,000 SF (4,000 SF unfinished 2nd floor) large storage/warehouse area with a restroom, loading docks, ideal for logistics, trades, or light industrial users, and a vacant 4500 SF retail/office suite with a restroom shared with the post office ready for immediate occupancy or tenant customization.
Short‑term lease in place, creating a near‑term opportunity for repositioning or owner‑user occupancy. Full block frontage, offering unmatched exposure and signage potential with room to add an additional unit with a loading dock, expanding income and functionality (subject to local approvals). This property is served by one electric meter, LP gas, and a well for water and a septic system (no city water or sewer fees). Landlord pays all expenses: electricity, LP, taxes, and building maintenance. The current income is $542.50 from the United States Postal Service, and $4,000 SF for $2,300 from ADS Cabinets in the storage area.
Whether you’re an investor seeking stable returns with upside or a business owner looking for a centralized location between Lafayette and Kokomo, this property offers versatility, visibility, and long‑term potential in a small community setting.
Key features
- Full-Block
- High traffic
- Multi-unit layout
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Reach out to the broker for more info on lease terms and amenities
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Contacts
Josh Deno
Coldwell Banker Commercial Shook
Building Details
- For Sale $399,000
- Property Type Office - General Office
- Property Size 17,116 SF
- Lot Size 0.6 Acre
- Parking Spaces Avail. 25
- Building Class B
- Year Built 1905
- Date Updated May 2, 2026
Attachments
Getting Around
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Walk Score ®
Car-Dependent (6) -
Bike Score ®
Somewhat Bikeable (25)
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Location
- City Frankfort, IN
- Neighborhood Frankfort
- Zip Code 46041
- Market Lafayette
Points of Interest
Speedway
9.62 miles
Shell
9.67 miles
Pizza Hut
9.62 miles
Wendy's
9.63 miles
KFC
9.64 miles
McDonald's
9.64 miles
Taco Bell
9.75 miles
Walmart Supercenter
9.59 miles
Ruler Foods
9.77 miles
ALDI
9.79 miles
496 Indiana 26 Listing Summary
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What is the asking price at 496 Indiana 26?
496 Indiana 26 is currently listed for sale at Contact for pricing.
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What is the total size of 496 Indiana 26?
496 Indiana 26 has a total of 17,116 square feet.
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What is the year built for 496 Indiana 26?
The year built for 496 Indiana 26 is 1905.
Contact Listing Broker
Josh Deno
Coldwell Banker Commercial Shook