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Updated Restaurant with Bar
For Sale
$449,000

905 15th Street, Bedford, IN 47421

COMMERCIAL, Bedford, IN

Property SizeContact for details
Lot Size0.26 Acres
Days on Market168

Property Features for 905 15th Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Lot features City
Directions Hwy 50 East to downtown Bedford, turn left on I Street, property on corner of 15th St and I Street.
Subdivision Lawrence County
Standard status Active
APN 47-06-14-441-016.000-010
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 47
Tax Description Orig Pt Lot 5 62 X 180.
Tax Annual Amount 8160
Legal Description Orig Pt Lot 5 62 X 180.

Utilities

Cooling system Central Air

Building Details

Year built 2000
Flooring type Concrete
Roof type Flat, Rubber
Listing Agency: Jason Millican Group
Listed By: Jason Millican · License #RB14027891
Added: Mar 23 Changed: Sep 2 Last Checked: Sep 6 at 1:06AM
MLS# 202609640

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 restaurant and bar property occupies a 0.26-acre lot at 905 15th Street in downtown Bedford. The building was constructed in 2000 and completely updated within the last two years, with concrete flooring, central air, and a flat rubber roof. Off-street parking is available.

The sale includes restaurant equipment, a 3 way liquor license, an ansul system, and a grease pit. No lease is currently in place with the existing business, providing a clear occupancy status for the next owner.

Key Highlights

  • 0.26‑acre restaurant and bar property in downtown Bedford
  • Building constructed in 2000 and completely updated within the last two years
  • Sale includes all equipment, a 3 way liquor license, ansul system, and grease pit

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Real Estate Agency Furniture & Home Goods Cafe & Coffee Shop Restaurant Building Supply

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
Grease trap
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

616
Businesses Nearby
64k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 89% Dining 11%
Marathon Petroleum Shops & Services
11,751 visits/mo 0.4 miles
Circle K Shops & Services
9,197 visits/mo 0.5 miles
Circle K Shops & Services
7,750 visits/mo 0.3 miles
Dollar General Shops & Services
7,074 visits/mo 0.4 miles
Mobil Shops & Services
6,898 visits/mo 0.1 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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Recently updated restaurant property with included equipment, central air, and off-street parking.
Where is this conventional restaurant located?
The property is located at 905 15th Street Bedford, IN.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 0.26‑acre restaurant and bar property in downtown Bedford; Building constructed in 2000 and completely updated within the last two years; Sale includes all equipment, a 3 way liquor license, ansul system, and grease pit
More about this property
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