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Turn-Key Restaurant with Commercial Kitchen
For Sale
$649,900

1414 Bundy Lane, Bedford, IN 47421

COMMERCIAL - Bedford, IN

Property Size5,000 SF
Lot Size0.99 Acres
Price / SF$129.98
Days on Market122

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

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

Building Details

Year built 1916
Flooring type Concrete, Laminate
Roof type Composition
Listing Agency: Hawkins & Root Real Estate
Listed By: Amanda Childers · License #RB14036121
Added: Apr 20 Changed: Jul 24 Last Checked: Aug 19 at 2:06AM
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.

Investment Insights

Based on property information with market context.

This for-sale restaurant property is offered as a turn-key operation, with a complete commercial kitchen designed for food service from day one. The building includes spacious party rooms that can support on-site events, catering, and private gatherings. With approximately 4,900 square feet and ample on-site parking, it’s built for day-to-day restaurant operations and guest convenience.

The property is located at 1414 Bundy Lane in Bedford, Indiana, situated on Hwy 37, providing strong roadway access and visibility for passing traffic. The site is set on just under one acre, offering room for customer parking and turnaround.

Buyers seeking a ready-to-operate restaurant concept will find the existing kitchen and flexible party-room layout useful for both regular service and additional hosted functions. Those looking to refresh the concept can also use the commercial kitchen and existing improvements as the foundation for a new menu and guest experience, supported by convenient parking and prominent highway frontage.

Key Highlights

  • Nearly 5,000 sq ft restaurant on highly visible Hwy 37
  • Complete commercial kitchen ready to support food service
  • Spacious party rooms for events, catering, and private gatherings

Property 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

Turnkey business
Opportunity

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

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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - For sale restaurant property on Hwy 37 with a complete commercial kitchen, party rooms, and ample guest parking.
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 $649,900.
What are key features of this property?
This property features: Nearly 5,000 sq ft restaurant on highly visible Hwy 37; Complete commercial kitchen ready to support food service; Spacious party rooms for events, catering, and private gatherings
More about this property
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