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Mixed-Use Commercial Building
For Sale
$699,000

1001 15th Street, Bedford, IN 47421

COMMERCIAL, Bedford, IN

Property SizeContact for details
Lot Size0.07 Acres
Days on Market68

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 Central Air, Wall Unit(s)

Building Details

Year built 1900
Flooring type Vinyl
Roof type Flat
Listing Agency: Showcase Indiana Real Estate
Listed By: Esteban Flores · License #RB23000248
Added: Aug 10 Changed: Oct 10 Last Checked: Oct 16 at 11:06AM
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.

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Investment Insights

Based on property information with market context.

Built in 1900, this Bedford property contains three commercial suites and two residential apartments. The building is currently fully occupied, and facade work was completed in 2024. The corner suite at 1001 is expected to become available for owner occupancy in 2027, while the other tenants remain in place. The parcel encompasses 0.07 acres.

At 1001 15th Street, the property is on a downtown corridor where reported daily traffic exceeds 10,000 vehicles. A city park is in the planning stage about two blocks away, with preliminary plans for a connection to the Milwaukee Trail. Renovations are also underway at the neighboring building.

Key Highlights

  • Three commercial suites and two residential apartments
  • Currently fully occupied; suite 1001 is expected to become available for owner occupancy in 2027
  • Facade renovations completed in 2024

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Furniture & Home Goods Cafe & Coffee Shop Parking Lot & Garage Bakery

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

712
Businesses Nearby
60k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 75% Dining 25%
Circle K Shops & Services
9,197 visits/mo 0.3 miles
Hardee's Dining
7,869 visits/mo 0.3 miles
Circle K Shops & Services
7,750 visits/mo 0.2 miles
Dollar General Shops & Services
7,074 visits/mo 0.2 miles
Mobil Shops & Services
6,898 visits/mo 0.3 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
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three business suites and two apartments combine commercial space with residential units.
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: Three commercial suites and two residential apartments; Currently fully occupied; suite 1001 is expected to become available for owner occupancy in 2027; Facade renovations completed in 2024
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