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Flex Space With Garage Bays
For Sale
$170,000

230 Old US 50, Bedford, IN 47421

COMMERCIAL, Bedford, IN

Property SizeContact for details
Lot Size0.30 Acres
Days on Market84

Property Features for 230 Old US 50

General Information

Property type Commercial Sale
Property subtype Other
Directions GPS friendly
Subdivision Lawrence County
Standard status Active
APN 47-11-03-200-073.000-004
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description SEC 3 TWP 4 R1W 6.13A TOTAL N CENT PT NW NW TR73-1.82A TR65-4.31A
Legal Description SEC 3 TWP 4 R1W 6.13A TOTAL N CENT PT NW NW TR73-1.82A TR65-4.31A

Utilities

Cooling system Central Air

Building Details

Year built 1994
Flooring type Concrete
Roof type Shingle
Listing Agency: Dohman Team
Listed By: Craig Dohman · License #RB17001882
Added: Jun 11 Changed: Aug 20 Last Checked: Sep 2 at 9:06PM
MLS# 202622868

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 1994 flex property provides a clear-span interior with a concrete floor, central air, shingle roofing, and a half bath. Three garage bays support a range of commercial, storage, and service-oriented configurations, with two openings measuring 9 1/2 feet tall by 8 1/2 feet wide and a third measuring 9 1/2 feet tall by 12 feet wide. The building was previously used by a church and is offered in its current as-is condition.

Located near US 37 just south of Bedford, the property is also available for lease. The parcel boundary is being divided, so the final acreage will depend on the completed parcel configuration.

Key Highlights

  • Three garage bays with two 9 1/2' x 8 1/2' openings and one 9 1/2' x 12' opening
  • Clear‑span interior with concrete flooring
  • Central air and a 1/2 bath

Property Analytics

Current Use

Flex space

Lease Details

3
Drive-in doors
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Clear-span commercial space offers concrete flooring, central air, and a half bath near US 37.
Where is this flex space located?
The property is located at 230 Old US 50 Bedford, IN.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Three garage bays with two 9 1/2' x 8 1/2' openings and one 9 1/2' x 12' opening; Clear‑span interior with concrete flooring; Central air and a 1/2 bath
More about this property
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