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    1020 16Th St Bedford, IN 47421

    New
    For Sale
    $189,000

    Retail - Bedford, IN

    Type:Retail
    Lot size:
    0.04 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 1020 16Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    47-06-23-120-037.000-010
    Interior features
    Block, None
    Exterior features
    None
    Lot size
    0.04 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1910
    Floors in Building
    1
    Flooring type
    Wood
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

    Century 21 Scheetz (317) 844-5111

    Listing agent Craig Dohman (812) 336-2100 License #RB17001882

    Listing date Nov 29, 2025

    MLS# 202547396 Listing URL

    Copyright © 2025 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Bedford Retail Building For Sale

    This 3,400 square foot retail building is located just off the square in downtown Bedford. The property has historic charm and was part of the 2018 downtown facade project, with recent updates to the exterior and interior at the front of the building. A new HVAC system was installed 2 years ago, and a new Amish metal roof was installed 4 years ago. The building features an open concept upstairs with a mirror floorplan in the lower level. The location offers high visibility and high traffic count, with ample free public parking available for customers. Currently owner occupied by Inklings Bookstore, the property will be delivered vacant upon sale. The building sits on a lot of approximately 0.039 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    West End Flower Shop

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Lawrence
    State
    Indiana
    Longitude
    -86.485084
    Latitude
    38.860811

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    FAQs

    What type of property is this?
    Storefront property - 3,400 SF retail building in downtown Bedford, Indiana.
    Where is this storefront property located?
    The property is located at 1020 16Th St Bedford, IN.
    What is the asking price?
    The asking price for this property is $189,000.
    What are key features of this property?
    This property features: - 3,400 +/- Sqft retail building in downtown Bedford.; - **High visibility and high traffic location just off the square.**; - Recent updates to exterior and interior facade.
    (812) 336-2100
    Request Owner's contact information
    1020 16Th St Bedford, IN 47421
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    Bedford, IN 47421
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1020 16Th St Bedford, IN 47421
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