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    806 16Th St Bedford, IN 47421

    For Sale
    $83,500

    High-traffic location, great visibility.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property, situated at 806 16th Street in Bedford, Indiana, presents a fantastic opportunity for a variety of businesses. Located conveniently near Bedford's downtown square, this property benefits from high visibility and significant foot traffic due to its prime position on busy 16th Street/Highway 50 East. The building offers approximately 0.05 acres of land and features two large display windows, ideal for showcasing products or services to passersby. The asking price is $83,500. The square footage is not currently specified, but the property's strategic location and prominent storefront make it an attractive investment for entrepreneurs seeking a strong presence in the heart of Bedford's commercial district. This property is ready for immediate occupancy and offers a unique chance to establish or expand a business in a thriving community. The convenient location provides easy access to local amenities and a strong customer base. Serious inquiries are encouraged to explore this promising commercial real estate opportunity.

    Property Features for 806 16Th St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    2,178 SF

    Building Details

    Year Built
    1890
    Property Profile Insight Report 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
    -86.48155
    Latitude
    38.86069

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, great visibility.
    Where is this commercial real estate located?
    The property is located at 806 16Th St Bedford, IN.
    What is the asking price?
    The asking price for this property is $83,500.
    (812) 336-7300
    Request Owner's contact information
    806 16Th 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
    806 16Th St Bedford, IN 47421
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