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Two-Tenant Retail Building
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1420 L Street, Bedford, IN 47421

Downtown Bedford retail property occupied by two tenants at the L Street and 15th Street intersection.

Property SizeContact for details
Days on Market144

Property Features for 1420 L Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: C21 Commercial
Listed By: Craig Dohman · License #IN
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 4:07PM

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 C21 Commercial

Investment Insights

Based on property information with market context.

This approximately 2,900-square-foot retail building is configured for two tenant occupancies and is currently leased to two tenants. The property is positioned in Downtown Bedford at the intersection of L Street and 15th Street.

The existing lease profile and reported rental history provide operating context for buyers evaluating an occupied retail asset. The building’s retail classification and downtown setting support continued commercial use.

Key Highlights

  • 2,900 +/- Sq Ft retail building
  • Leased to 2 tenants
  • Located in Downtown Bedford

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Cafe & Coffee Shop Parking Lot & Garage Dental Office Grocery & Convenience 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

664
Businesses Nearby
60k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 75% Dining 25%
Circle K Shops & Services
9,197 visits/mo 0.4 miles
Hardee's Dining
7,869 visits/mo 0.4 miles
Circle K Shops & Services
7,750 visits/mo 0.1 miles
Dollar General Shops & Services
7,074 visits/mo 0.3 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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Frequently Asked Questions

What type of property is this?
Retail space - Downtown Bedford retail property occupied by two tenants at the L Street and 15th Street intersection.
Where is this retail space located?
The property is located at 1420 L Street Bedford, IN.
What are key features of this property?
This property features: 2,900 +/- Sq Ft retail building; Leased to 2 tenants; Located in Downtown Bedford
(812) 606-0136 Call to check price and availability
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