3548 W County Road 500 N - Warehouse FOR SALE


Frankfort, IN 46041
$1,100,000 USD
573-239-1287
3548 W County Road 500 N, Frankfort, IN for Sale
$1,100,000 USD
Warehouse - FOR SALE
1/20
null | Request Cap Rate

Mar '26


3548 W County Road 500 N
Frankfort, IN 46041


OVERVIEW

This nearly 8-acre property offers a fully built-out, turnkey event venue with approximately 5,600 square feet of indoor space and a capacity of up to 294 guests. Designed for high-volume professional events, the layout supports seamless flow for ceremonies, receptions, catering, and support operations. The property includes a transferable 3-way liquor license, significantly enhancing revenue potential. A prep kitchen, heavy electrical wiring for professional DJ and AV use, and an overbuilt septic system engineered for event capacity provide strong operational infrastructure. An outdoor patio with gas heating extends seasonal usability, and two paved parking lots with handicap accessibility offer convenient on-site parking. With the right offer, event furnishings and supplies — including tables, chairs, dishware, and linens — may be included, allowing a buyer to launch or transition operations quickly. Located approximately 30 minutes from Lafayette and 50 minutes from northern Indianapolis, this property offers both accessibility and privacy, making it ideal for destination weddings, corporate events, retreats, and private celebrations. In addition to event use, the building lends itself to alternative commercial applications such as a church, private club, conference center, showroom, or dealership, offering flexibility for investors and owner-operators alike. This is a rare opportunity to acquire a high-capacity, professionally designed venue property with strong infrastructure, zoning potential, and immediate usability — business not included; real estate and improvements only.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$196 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Auto Dealership, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

UTILITIES

Lighting, Gas, Water - Well, Sewer - Septic Field, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

125

LAND DETAILS

LAND ACRES

7.97

LAND SF

347,173

ZONING

Commercial

APN/PARCEL ID

12-06-07-377-001.000-015

ASK ABOUT THIS PROPERTY

Emily DunnThe Real Estate AgencyMore Info
573-239-1287

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Emily DunnThe Real Estate AgencyMore Info
573-239-1287

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.