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Historic Downtown Storefront
For Sale
$189,000

1020 16th St, Bedford, IN 47421

Two-level commercial layout with updated building systems and access to free public customer parking.

Property Size1,710 SF
Price / SF$110.53
Days on Market52

Property Features for 1020 16th St

General Information

Standard status Active
Size 1,710 SF

Building Details

Year Built 1910
Listing Agency: Dohman Team
Listed By: Craig Dohman · License #RB17001882
Source: Kmsrealestategroup
Added: Jul 9 Changed: Aug 28 Last Checked: Aug 28 at 8:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dohman Team

Investment Insights

Based on property information with market context.

Built in 1910, this downtown storefront is positioned just off the square in Bedford and offers commercial space across two levels. The upper floor has an open configuration, while the lower level follows a comparable floorplan. Exterior and front interior improvements were completed through and following the 2018 downtown facade project.

Building updates include an HVAC system installed 2 years ago and a metal roof added 4 years ago. Free public parking is available for customers nearby. The property is currently occupied by Inklings Bookstore, which is expected to vacate at closing; inventory and furniture may be purchased separately and are not part of the real estate offering.

Key Highlights

  • 1910 construction with downtown storefront character
  • Two‑level layout with open upper floor and matching lower‑level plan
  • Front exterior and interior improvements tied to the 2018 downtown facade project

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Restaurant Furniture & Home Goods Cafe & Coffee Shop Building Supply (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

712
Businesses Nearby
60k
Monthly Visits Nearby
Under-served
Demand for This Use

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

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
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Similar Off Market Nearby

  • West End Flower Shop 726 16th St, Bedford, IN 47421

Frequently Asked Questions

What type of property is this?
Storefront property - Two-level commercial layout with updated building systems and access to free public customer parking.
Where is this storefront property located?
The property is located at 1020 16th St Bedford, IN.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: 1910 construction with downtown storefront character; Two‑level layout with open upper floor and matching lower‑level plan; Front exterior and interior improvements tied to the 2018 downtown facade project
More about this property
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