3548 W 500 N
Frankfort, IN, 46041 $ 1,100,000
Bedrooms-- Baths-- Sq 5,600 Monthly Estimate*
$ 6,773
for $1,100,000. This 5,600 square foot building was built in 2019 on a lot size of 7.9.
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.
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FeaturesGeneralUtilities Electricity Connected Septic System
Possession Closing
Zoning commercial
Year Built 2019
Stories Count 1
Township Ross
Property Subtype Warehouse
Tax Year 2025
Current Use See Remarks
County Clinton
New Construction N
Property Type Commercial Sale
Facing Direction West
Status Active
Directions GPS Friendly
High School Rossville Middle/Senior High Sch
City Frankfort
High School District Rossville Con School District
MLS Area 1201 - Clinton - Ross
Lot Size Square Feet 871200
Elementary School Rossville Elementary School
Virtual Tour https://listings.houndsandhouses.media/sites/nwaoxre/unbranded
Standard Status Active
Tax Lot 12-06-07-377-001.001-015
Legal Description Lot 1 Silver Coin Subdivision 7-22-1W 4145-A-2-L1
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ExteriorParking Features Gravel
Water Source Well
Building Area Total 5600
Lot Size Acres 7.9
Waterfront Y/N N
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* Excluded FeaturesList ByThe Real Estate AgencyBroker
emilydunn.broker@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,773
- Monthly Property Taxes
- $917
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyCommerical listings in Frankfort, IN
Average List Price $541,173
Percent of Sale Price 51%
About Frankfort, IN 16,037 Population
-5% Since 2002
$ 41,567 Median Income
35.96 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
5367694 Elementary School
4952964 Middle School
Rossville Middle/Senior High Sch High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/6/2026 | $1,100,000 | | Listed Price |