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    527 15Th St Bedford, IN 47421

    Sponsored
    For Sale
    $269,900

    Versatile Commercial Space, Ample Parking

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This unique 74-year-old church building presents a remarkable opportunity for adaptive reuse in Bedford, Indiana's vibrant downtown area. Situated on a 0.59-acre lot, the property boasts a spacious upstairs sanctuary with convenient handicap accessibility, offering significant potential for a variety of commercial ventures. The downstairs area comprises numerous adaptable rooms, providing flexibility for diverse uses and layouts. A significant advantage is the inclusion of a private parking lot, addressing a common challenge for commercial properties. The sale includes all existing furnishings, a substantial asset comprising 280 chairs, tables, and other items, ready for immediate use or resale. Further enhancing the property's practicality is a dedicated fellowship hall, ideal for gatherings or events, and a convenient outdoor storage shed. The property's prime location near Bedford's downtown core offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a distinctive and well-equipped space. The building's solid construction and established presence within the community provide a strong foundation for a successful commercial enterprise. This is a rare opportunity to acquire a substantial property with significant existing infrastructure and a wealth of potential uses. The asking price is $269,900. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Property Features for 527 15Th St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    25,700 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Lawrence
    State
    Indiana
    Longitude
    -86.47823
    Latitude
    38.86237

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Commercial Space, Ample Parking
    Where is this commercial real estate located?
    The property is located at 527 15Th St Bedford, IN.
    What is the asking price?
    The asking price for this property is $269,900.
    (812) 336-7300
    Request Owner's contact information
    527 15Th St Bedford, IN 47421
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    Bedford, IN 47421
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    527 15Th St Bedford, IN 47421
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