Mixed-Use Property with Salon
For Sale
Under Contract
$250,000
1839 & 1845 Steven Avenue, Bedford, IN 47421
COMMERCIAL, Bedford, IN
Property SizeContact for details
Lot Size0.38 Acres
Days on Market48
Property Features for 1839 & 1845 Steven Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Off Street
Directions
GPS Friendly
Subdivision
Lawrence County
Standard status
Active Under Contract
APN
47-06-21-100-019.000-010
Lot size
0.38 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
PALMS MINOR SUB NOTED AS LOT 2 .377A
Tax Annual Amount
5979
Legal Description
PALMS MINOR SUB NOTED AS LOT 2 .377A
Utilities
Cooling system
Central Air
Building Details
Year built
1989
Flooring type
Mixed
Roof type
Shingle
Listing Agency:
Berkshire Hathaway HomeServices Indiana Realty-Bloomington · Prudential Real Estate
(812) 334-2021
Listed By:
Miranda Mann
(812) 583-4779
Added: Sep 18
Changed: Nov 2
Last Checked: Nov 3 at 11:06PM
MLS# 202638678
Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use property combines a salon-ready commercial area with two residential rental units. The salon space has four private rooms, two bathrooms, sinks in each room, and a new HVAC system. The residences include a one-bedroom, one-bathroom unit and a two-bedroom, two-bathroom unit. The building was constructed in 1989 and has mixed flooring, central air, and off-street parking.
Two billboard signs along Highway 37 are rented annually, adding a separate revenue source to the commercial and residential components. The property occupies a 0.38-acre site at 1839 and 1845 Steven Avenue in Bedford, Indiana.
Two billboard signs along Highway 37 are rented annually, adding a separate revenue source to the commercial and residential components. The property occupies a 0.38-acre site at 1839 and 1845 Steven Avenue in Bedford, Indiana.
Key Highlights
- Salon area with four private rooms, two bathrooms, sinks in each room, and a new HVAC system
- Two residential units: one bedroom/one bathroom and two bedrooms/two bathrooms
- Two billboard signs along Highway 37 are rented annually
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two rental residences and annual billboard leases add distinct income components to the professional-service space.
Where is this mixed-use property located?
The property is located at 1839 & 1845 Steven Avenue Bedford, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Salon area with four private rooms, two bathrooms, sinks in each room, and a new HVAC system; Two residential units: one bedroom/one bathroom and two bedrooms/two bathrooms; Two billboard signs along Highway 37 are rented annually
