Mixed-Use Triplex
407 Main Street Bedford, IA 50833
For Sale
$140,000
Pending
COMMERCIAL - Other - Bedford, IA
Lot Size0.12 Acres
Days on Market58
Property Features for 407 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Business/Commercial,Resi
Basement
Storage Space, Partial, Block
Appliances
Range, Exhaust Fan, Refrigerator, Washer, Dryer, Disposal, Electric Water Heater
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
Utilities
Heating system
Ductless (Heating), Oil
Cooling system
Central Air, Ductless
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: Jul 12
Last Checked: Jul 29 at 10:06AM
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.
This former historic bank building has been converted into a mixed-use property with income-producing space on two levels. The main level currently operates as a fitness center and includes three dedicated offices. Upstairs are three apartments: one studio and two 1 bed/1 bath units. The apartments have updated finishes including new paint, flooring, updated vanities, modern countertops, and range/refrigerator. The studio unit includes a brand-new heating and cooling system and new washer/dryer.
The property also features significant infrastructure updates for added operational confidence, including a newly installed electrical service with separate metering for each apartment, updated plumbing throughout, and other cosmetic improvements. A satellite navigation unit on the roof is included as an additional revenue component. Buyers have the option to purchase existing gym equipment.
Located at 407 Main Street in Bedford, Iowa, the property is listed under Business/Commercial and residential zoning.
The property also features significant infrastructure updates for added operational confidence, including a newly installed electrical service with separate metering for each apartment, updated plumbing throughout, and other cosmetic improvements. A satellite navigation unit on the roof is included as an additional revenue component. Buyers have the option to purchase existing gym equipment.
Located at 407 Main Street in Bedford, Iowa, the property is listed under Business/Commercial and residential zoning.
Key Highlights
- Year built 1904 block building with rubber roof and public water service
- Main level currently operates as a fitness center with versatile space and three dedicated offices
- Upstairs has 3 apartments: 1 studio and two 1 bed/1 bath units
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Main level operates as a fitness center, with three apartments upstairs generating rental income.
Where is this triplex 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: Year built 1904 block building with rubber roof and public water service; Main level currently operates as a fitness center with versatile space and three dedicated offices; Upstairs has 3 apartments: 1 studio and two 1 bed/1 bath units
