250 Alhambra Avenue, Frankfort, IN 46041

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$300,000
List Price
$385,000
Closing Date
Apr 10, 2026
MLS#
22085094
Property Type
Commercial Sale
Sqft. of Residence
5,490
Year Built
1960
Days on Market
49
Status
SOLD

Property Description

Discover the potential of this expansive 5,490 square foot office building, a prime space that can adapt to a variety of uses! The main floor features a welcoming lobby and reception area, along with eight offices or exam rooms, a conference room, several storage rooms, and a laundry room. Three restrooms are available, including one that is ADA accessible. The lower level offers a generous recreation or meeting area, six additional offices or exam rooms, multiple storage rooms, and a kitchenette. This floor also includes washer and dryer hookups, and two restrooms, one of which has a shower and is ADA accessible. Parking is ample with two lots providing a total of 32 spaces. The property conveniently has entrances from both Jackson Street and Alhambra Avenue, including a direct access point to the downstairs level. This building presents an excellent opportunity for a range of commercial or residential uses; office space, medical offices, veterinary clinic, or even multi-family housing. Bring your creativity to this versatile property!

Additional Information

Acres
0.43
Heat
Forced Air, Natural Gas
Cooling
Central Air
Financing
Conventional
Region
Center

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Raeco Realty. Selling Office: Raeco Realty.

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