Mixed-Use Building with
New
For Sale
$699,000
1001 15th Street, Bedford, IN 47421
COMMERCIAL - Bedford, IN
Property SizeContact for details
Lot Size0.07 Acres
Days on Market2
Property Features for 1001 15th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Lot features
City
Directions
Head East on 16th street, turn left on I street, turn left on 15th street around square. Property located at the intersection of 15th street and J street.
Subdivision
Lawrence County
Standard status
Active
APN
47-06-14-441-026.000-010
Lot size
0.07 Acres
Taxes and HOA fees
Tax Description
ORIG 16'8" X 180 LOT 21 17 X 180
Tax Annual Amount
5240
Legal Description
ORIG 16'8" X 180 LOT 21 17 X 180
Utilities
Cooling system
Wall Unit(s), Central Air
Building Details
Year built
1900
Flooring type
Vinyl
Roof type
Flat
Listing Agency:
Showcase Indiana Real Estate
(812) 508-1710
Listed By:
Esteban Flores · License #RB23000248
(812) 650-0000
Added: Aug 10
Last Checked: Aug 11 at 5:06PM
MLS# 202632459
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.
Built in 1900, this fully occupied mixed-use property contains 3 commercial suites and 2 residential apartments. The building includes a basement, vinyl flooring, a flat roof, and a combination of wall-unit and central air conditioning. Facade improvements were completed in 2024, while the property occupies 0.07 acres at 1001 15th Street in Bedford, Indiana.
The site is positioned along Bedford's main commercial artery and is documented to receive over 10,000 vehicles per day. Its 8.6% cap rate reflects the property's current income profile. The commercial suite identified as 1001 is expected to become available for owner occupancy in 2027, creating a future opportunity to use part of the building while the other spaces remain occupied.
The site is positioned along Bedford's main commercial artery and is documented to receive over 10,000 vehicles per day. Its 8.6% cap rate reflects the property's current income profile. The commercial suite identified as 1001 is expected to become available for owner occupancy in 2027, creating a future opportunity to use part of the building while the other spaces remain occupied.
Key Highlights
- 3 commercial suites and 2 residential apartments
- Fully occupied mixed‑use property with an 8.6% cap rate
- Facade renovations completed in 2024
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
10,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
712
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully occupied downtown property combines commercial suites with residential apartments and a commercial space expected to open for owner occupancy in 2027.
Where is this mixed-use property located?
The property is located at 1001 15th Street Bedford, IN.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 3 commercial suites and 2 residential apartments; Fully occupied mixed‑use property with an 8.6% cap rate; Facade renovations completed in 2024
