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3548 W 500 N

Frankfort, IN 46041
  • $1,000,000
  • STATUS: Active
  • ON SITE: 129 Days
  • MLS #: 22082940
Price Reduced
UPDATED: 59 min ago
$1,000,000
  • 0
    BEDS
  • 7.9
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2019
County:

School Information

Description

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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© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or David Brenton's Team.

Based on information submitted to the MLS GRID as of 2026-06-16T19:25:53.097. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.davidbrentonsteam.com/homes/172799260
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3548 W 500 N Frankfort, IN 46041

  • Price: $1,000,000
  • Status: Active
  • On Site: 129 Days
  • Updated: 59 min ago
  • MLS #: 22082940
0
Beds
0
Baths
0
½ Baths
7.9
Acres
2019
Built
Neighborhood:
1201 - Clinton - Ross
County:
Clinton
Area:
1201 - Clinton - Ross
Elementary School:
Rossville Elementary School
High School:
Rossville Middle/Senior High Sch
School District:
Rossville Con School District
Property Description
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.
Exterior Features

Parking Features Gravel View YN No Waterfront YN No

Interior Features

Building Area Total 5600 Ceiling Height 14

Property Features

Acres 5-10 Acres Current Use See Remarks Dpr YN No New Construction YN No Possession Closing Property Sub Type Warehouse Semi Annual Property Tax Amt 5500 Space Available 5600 Tax Year 2025 Township Ross Transaction Type Sale Utilities Electricity ConnectedSeptic System Water Source Well Zoning commercial

Listing provided courtesy of The Real Estate Agency: . © 2026 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or David Brenton's Team.

Based on information submitted to the MLS GRID as of 2026-06-16T19:25:53.097. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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David Brenton's Team
4741 E Stop 11 Rd.
Indianapolis IN, 46237