303 Lafayette Street Frankton, IN $ 135,900
303 Lafayette Street
$ 135,900
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303 Lafayette Street

Frankton, IN, 46044
$ 135,900
Baths0.0 Sq 1,120

Monthly Estimate*

$ 949

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Studio

Commercial Property for sale in Frankton, IN

for $135,900. This 1,120 square foot building was built in 2019 on a lot size of 0.24.

Here's a great opportunity to own a profitable restaurant business with a building that is in great shape. "MJ Scoops and More" ice cream shop and "Noble Romans Pizza" are there now, but the site has potential for retail or office use. It's a 1,120 sf steel building with two very nice restrooms and substantial dining room and kitchen area. Plenty of parking! All Business Furniture, Fixtures & Equipment (FF&E) are included (unless leased) as is the ice cream business and the Noble Romans Pizza Franchise (which requires the operator to buy all supplies from Noble Romans, follow their recipes to the letter, and pay a 7% commission on pizza sales only on a weekly basis). Do not disturb customers or employees! Available for showings with 24 hours advance notice and it cannot be shown during business hours.

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Commercial Active

Price

$ 135,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,410

Style

Retail

Lot Size

0.24

Year Built

2019

Town/City

Frankton

County/Region

Madison

MLS | Web ID

21950709

Features
General
Heating Forced Air Gas
Utilities Electricity Connected Gas
Possession Negotiable
Roof Metal
Zoning Business
Year Built 2019
Stories 1
Township Pipe Creek
Property SubType Retail
Tax Year 2023
Current Use Restaurant
Building Name LAFAYETTE ADDITION
County Madison
New Construction N
Property Type Commercial Sale
Subdivision Name Lafayette Addition
Possible Use CommMulTen CommSglTen Office See Remarks
Status Active
Directions From State Road 9 go west on SR 128 to Frankton IN. SR 128 becomes Clyde Street and continue on Clyde St to Lafayette St. The subject property is across the street to the right.
City Frankton
Buyer Agent Compensation 3
High School District Frankton-Lapel Community Schools
MLS Area 4804 - Madison - Pipe Creek
Lot Size Square Feet 10454
Street Name Lafayette
Current Financing Conventional
Additional Parcels Y/N N
Days on Market 160
Standard Status Active
Tax Lot 480531304012003028
Buyer Agent Compensation Type %
Legal Description LAFATETTE ADDITION LOT 3 (0.239AC)
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Exterior
Parking Features Other
Building Area Total 1120
Lot Size Acres 0.24
Road Surface Type Asphalt
Road Frontage Type City Street
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Interior
Street Suffix Street
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* Excluded Features
List By
Re/Max Real Estate Solutions

Broker

jimbittner@remax.net

Email

Affordability Calculator

$1,067
Per Month
89%
11%
0%
Monthly Principal & Interest
$949
Monthly Property Taxes
$118
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4046622 Elementary School
4046514 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2024$135,900 -12.27% Price Down
11/29/2023$154,900 -6.06% Price Down
10/30/2023$164,900 -15.44% Price Down
10/27/2023$195,000 Listed Price

Map


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303 Lafayette Street, Frankton, IN, 46044 is a Commercial Property for sale at $135,900 with 1,120 sqft and a lot size of 0.24. 303 Lafayette Street is a studio with 0.0 baths and was built in 2019. The property's zip code is 46044 which is in Frankton, IN