Mixed-Use Building with
For Sale
$699,000
1001 15th Street, Bedford, IN 47421
COMMERCIAL, Bedford, IN
Property SizeContact for details
Lot Size0.07 Acres
Days on Market48
Property Features for 1001 15th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Lot features
City
Directions
Head East on 16th street, turn left on I street, turn left on 15th street around square. Property located at the intersection of 15th street and J street.
Subdivision
Lawrence County
Standard status
Active
APN
47-06-14-441-026.000-010
Lot size
0.07 Acres
Taxes and HOA fees
Tax Description
ORIG 16'8" X 180 LOT 21 17 X 180
Tax Annual Amount
5240
Legal Description
ORIG 16'8" X 180 LOT 21 17 X 180
Utilities
Cooling system
Central Air, Wall Unit(s)
Building Details
Year built
1900
Flooring type
Vinyl
Roof type
Flat
Listing Agency:
Showcase Indiana Real Estate
(812) 508-1710
Listed By:
Esteban Flores · License #RB23000248
(812) 650-0000
Added: Aug 10
Changed: Sep 17
Last Checked: Sep 26 at 11:06AM
MLS# 202632459
Copyright © 2026 Bedford Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1900, this mixed-use property combines three commercial suites with two residential apartments in a fully occupied configuration. The building sits on a 0.07-acre lot and includes vinyl flooring, wall-unit and central air cooling, a flat roof, and basement space. Facade improvements were completed in 2024.
Located at 1001 15th Street in Bedford, the corner property records over 10,000 vehicles passing daily. The commercial suite identified as 1001 is expected to become available for owner occupancy in 2027, while the remaining occupied spaces continue the existing mixed-use arrangement. The property carries an 8.6% cap rate and is positioned in downtown Bedford, where nearby public and private reinvestment includes a planned city park approximately two blocks away and renovations to the neighboring building.
Located at 1001 15th Street in Bedford, the corner property records over 10,000 vehicles passing daily. The commercial suite identified as 1001 is expected to become available for owner occupancy in 2027, while the remaining occupied spaces continue the existing mixed-use arrangement. The property carries an 8.6% cap rate and is positioned in downtown Bedford, where nearby public and private reinvestment includes a planned city park approximately two blocks away and renovations to the neighboring building.
Key Highlights
- Three commercial suites and two residential apartments
- Fully occupied mixed‑use configuration with an 8.6% cap rate
- Over 10,000 vehicles pass the property daily
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
712
Businesses Nearby
Explore this area
Business Placement
Demographics for 47421, IN
27,798
Population
13,112
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
184.4 sq mi
ZIP Area
151
Density / Sq Mi
$66,588
Median Household Income
$39,613
Median Earnings
$827
Median Rent
$165,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three commercial suites and two apartments provide a currently occupied downtown configuration with future owner-occupancy potential.
Where is this mixed-use property located?
The property is located at 1001 15th Street Bedford, IN.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Three commercial suites and two residential apartments; Fully occupied mixed‑use configuration with an 8.6% cap rate; Over 10,000 vehicles pass the property daily
