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496 IN-26 17,116 SF 100% Leased Industrial Building Frankfort, IN 46041 $556,406 CAD ($32.51 CAD/SF)
Investment Highlights
- Multi-unit layout
- Full-Block
- Multi-unit layout
Executive Summary
Position 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.
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.
Property Facts
| Price | $556,406 CAD | Lot Size | 0.59 AC |
| Price Per SF | $32.51 CAD | Rentable Building Area | 17,116 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1905 |
| Property Subtype | Warehouse | Parking Ratio | 1.46/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Zoning | B-1 | ||
| Price | $556,406 CAD |
| Price Per SF | $32.51 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.59 AC |
| Rentable Building Area | 17,116 SF |
| No. Stories | 2 |
| Year Built | 1905 |
| Parking Ratio | 1.46/1,000 SF |
| No. Dock-High Doors/Loading | 1 |
| Zoning | B-1 |
Amenities
- Signage
Utilities
- Lighting
- Water - Well
- Sewer - Septic Field
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $207,223 CAD | |
| Land Assessment | $18,686 CAD | Total Assessment | $225,909 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$18,686 CAD
Improvements Assessment
$207,223 CAD
Total Assessment
$225,909 CAD
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496 IN-26
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