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Restaurant with Private Party Rooms

1414 Bundy Lane, Bedford, IN 47421

For Sale
$499,999

COMMERCIAL, Bedford, IN

Property Size4,935 SF
Lot Size0.99 Acres
Price / SF$101.32
Days on Market206

Property Features for 1414 Bundy Lane

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Directions GPS Friendly
Subdivision Lawrence County
Standard status Active
APN 47-06-16-400-074.000-010
Lot size 0.99 Acres

Additional Details

Currently Operating Yes

Taxes and HOA fees

Tax Year 2026
Tax Description SEC 16 TWP 5 R1W .476A SEC 16 TWP 5 R1W CENT PT N 1/2 S 1/2 SE .513A PER SURVEY SEE NOTER
Tax Annual Amount 10303
Legal Description SEC 16 TWP 5 R1W .476A SEC 16 TWP 5 R1W CENT PT N 1/2 S 1/2 SE .513A PER SURVEY SEE NOTER

Utilities

Cooling system Central Air

Amenities

private party rooms

Building Details

Year built 1916
Flooring type Laminate, Concrete
Roof type Composition
Listing Agency: Hawkins & Root Real Estate
Listed By: Amanda Childers · License IN RB14036121
Added: Apr 20 Changed: Oct 30 Last Checked: Nov 11 at 8:06AM
MLS# 202614044

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.

Rey
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Investment Insights

Based on property information with market context.

This restaurant property contains 4,935 square feet with a commercial kitchen, dining areas, and private party rooms. Laminate and concrete flooring, central air, and a composition roof are among the building’s existing features. The restaurant business operating at the property is not part of the real estate offering.

The site encompasses 0.989 acres at 1414 Bundy Lane in Bedford, Indiana, along Highway 37. Off-street parking is available, and the property was built in 1916.

Key Highlights

  • 4,935‑square‑foot restaurant property
  • 0.989‑acre site on Highway 37
  • Commercial kitchen, dining areas, and private party rooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Auto Repair Shop

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

410
Businesses Nearby
443k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 40% Superstores 17% Home Improvements & Furnishings 16% Shops & Services 8%
Walmart Superstores
77,401 visits/mo 0.4 miles
McDonald's Dining
34,020 visits/mo 0.3 miles
Rural King Home Improvements & Furnishings
32,076 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
29,409 visits/mo 0.3 miles
Golden Corral Dining
25,535 visits/mo 0.2 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Conventional restaurant - A commercial kitchen and dining areas support restaurant use on a nearly one-acre parcel.
Where is this conventional restaurant located?
The property is located at 1414 Bundy Lane Bedford, IN.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: 4,935‑square‑foot restaurant property; 0.989‑acre site on Highway 37; Commercial kitchen, dining areas, and private party rooms
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