- For Sale $399,000
- Property Type Office - General Office
- Property Size 17,116 SF
- Lot Size 0.6 Acre
- Parking Spaces Avail. 25
- Building Class B
- Year Built 1905
- Date Updated May 2, 2026
Description
Located just 4 miles east of Rossville on State Road 26 EastPosition 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.
Highlights
- Full-Block
- High traffic
- Multi-unit layout
False
Contacts
Josh Deno
Coldwell Banker Commercial Shook
Location
Located at 496 Indiana 26, Frankfort, IN 46041, this property is part of the Frankfort neighborhood and Lafayette market.
Contact Listing Broker
Josh Deno
Coldwell Banker Commercial Shook