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Restaurant with Commercial Kitchen
For Sale
$649,900

1414 Bundy Lane, Bedford, IN 47421

COMMERCIAL, Bedford, IN

Property Size5,000 SF
Lot Size0.99 Acres
Price / SF$129.98
Days on Market160

Property Features for 1414 Bundy Lane

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Directions GPS Friendly
Subdivision Lawrence County
Standard status Active
APN 47-06-16-400-074.000-010
Lot size 0.99 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description SEC 16 TWP 5 R1W .476A SEC 16 TWP 5 R1W CENT PT N 1/2 S 1/2 SE .513A PER SURVEY SEE NOTER
Tax Annual Amount 10303
Legal Description SEC 16 TWP 5 R1W .476A SEC 16 TWP 5 R1W CENT PT N 1/2 S 1/2 SE .513A PER SURVEY SEE NOTER

Utilities

Cooling system Central Air

Amenities

party rooms

Building Details

Year built 1916
Flooring type Laminate, Concrete
Roof type Composition
Listing Agency: Hawkins & Root Real Estate
Listed By: Amanda Childers · License #RB14036121
Added: Apr 20 Changed: Sep 12 Last Checked: Sep 26 at 7:06AM
MLS# 202614044

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.

This restaurant property at 1414 Bundy Lane includes nearly 5,000 square feet of commercial space on 0.989 acres. The interior features a commercial kitchen, party rooms, concrete and laminate flooring, and central air conditioning. Off-street parking supports customer access, while a composition roof completes the building improvements.

The property is positioned along Hwy 37 in Bedford, Indiana, providing visibility from a regional roadway. Built in 1916, the building offers an existing restaurant configuration with areas suited to dining, events, and food-service operations.

Key Highlights

  • Nearly 5,000 square feet of restaurant space on 0.989 acres
  • Commercial kitchen already configured for food‑service operations
  • Party rooms provide dedicated event and gathering space

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

410
Businesses Nearby
443k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 40% Superstores 17% Home Improvements & Furnishings 16% Shops & Services 8%
Walmart Superstores
77,401 visits/mo 0.4 miles
McDonald's Dining
34,020 visits/mo 0.3 miles
Rural King Home Improvements & Furnishings
32,076 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
29,409 visits/mo 0.3 miles
Golden Corral Dining
25,535 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant layout includes party rooms, a commercial kitchen, and off-street parking.
Where is this conventional restaurant located?
The property is located at 1414 Bundy Lane Bedford, IN.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Nearly 5,000 square feet of restaurant space on 0.989 acres; Commercial kitchen already configured for food‑service operations; Party rooms provide dedicated event and gathering space
More about this property
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