Mixed-Use Building with
For Sale
$140,000
Pending
407 Main Street, Bedford, IA 50833
Commercial Sale, Bedford, IA
Property SizeContact for details
Lot Size0.12 Acres
Days on Market104
Property Features for 407 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Business/Commercial,Resi
Basement
Partial, Storage Space, Block
Appliances
Range, Exhaust Fan, Refrigerator, Washer, Dryer, Disposal, Electric Water Heater
Directions
From State Hwy. 148 (Madison Street) turn East on Main Street. Proceed 1 1/2 blocks, the property is situated on the North side of Main Street.
Standard status
Pending
APN
0423010102000
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
ORIG E43' 2 10 ORIG E43' 2 10 CORP BED CORP BED BEDFORD BEDFORD
Tax Annual Amount
1568
Legal Description
ORIG E43' 2 10 ORIG E43' 2 10 CORP BED CORP BED BEDFORD BEDFORD
Utilities
Heating system
Oil, Ductless (Heating)
Cooling system
Ductless, Central Air
Water source
Public
Building Details
Year built
1904
Number of units
4
Flooring type
Vinyl, Carpet
Building materials
Block
Roof type
Rubber
Architectural style
Other
Listing Agency:
Red Brick Realty
Listed By:
Douglas Thompson · License #S41071000
(712) 621-6464
Added: Jun 2
Changed: Sep 12
Last Checked: Sep 13 at 10:06PM
MLS# 6338979
Copyright © 2026 NoCoast MLS. 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 1904, this mixed-use property combines a commercial main level with three upstairs apartments. The ground-floor space is currently used as a fitness center and includes three dedicated offices, while its layout may also accommodate retail use. Residential units consist of one studio and two one-bedroom, one-bath apartments. Updates include new paint, flooring, vanities, countertops, ranges, and refrigerators, with a new heating and cooling system in the studio. A washer and dryer are also included.
The building occupies 0.12 acres at 407 Main Street in Bedford, Iowa, with Business/Commercial and Resi zoning. Infrastructure improvements include new electrical service with separate metering for each apartment and updated plumbing throughout. The property also has a roof-mounted navigation satellite and a rubber roof. Gym equipment is available for purchase separately, and the building is served by public water.
The building occupies 0.12 acres at 407 Main Street in Bedford, Iowa, with Business/Commercial and Resi zoning. Infrastructure improvements include new electrical service with separate metering for each apartment and updated plumbing throughout. The property also has a roof-mounted navigation satellite and a rubber roof. Gym equipment is available for purchase separately, and the building is served by public water.
Key Highlights
- Three upstairs apartments: one studio and two 1 bed/1 bath units
- 0.12‑acre mixed‑use property at 407 Main Street, Bedford, IA 50833
- Main level currently operates as a fitness center with three dedicated offices
Property Analytics
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Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
174
Businesses Nearby
Explore this area
Business Placement
Demographics for 50833, IA
2,338
Population
1,044
Households
2.2
Avg Household Size
42
Median Age
16%
College-Educated
92%
High-School Grad
212.9 sq mi
ZIP Area
11
Density / Sq Mi
$57,250
Median Household Income
$41,048
Median Earnings
$646
Median Rent
$99,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic commercial building combining an operating fitness center with updated residential units and separate utility metering.
Where is this mixed-use property located?
The property is located at 407 Main Street Bedford, IA.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Three upstairs apartments: one studio and two 1 bed/1 bath units; 0.12‑acre mixed‑use property at 407 Main Street, Bedford, IA 50833; Main level currently operates as a fitness center with three dedicated offices
