Listing Agency: Red Brick Realty

Listed By: Douglas Thompson · License #IA S41071000 Show Phone

Source: Crexi

Added: Apr 11 Changed: Sep 4 Last Checked: Sep 1 at 2:39AM

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Investment Insights

Based on property information with market context.

This flexible commercial building was formerly used as an auction house and currently has business tenants in place. The property includes recent improvements, highlighted by a new rubberized roof installed in 2017. On-site features also include a loading dock and ample parking to support both tenant operations and day-to-day deliveries.

The property is located at 2540 State Highway 148 in Bedford, Iowa, with highway access for convenient arrivals and departures. For buyers seeking a multi-use commercial asset, this building offers a versatile footprint supported by the existing improvements and current tenant presence.

Key Highlights

• Commercial building formerly used as an auction house
• Rubberized roof installed in 2017
• Loading dock on the property

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Bar & Pub

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

Location Intelligence

Trade Area within ½ mile

4

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 50833, IA

2,338

Population

1,044

Households

2.2

Avg Household Size

42

Median Age

16%

College-Educated

92%

High-School Grad

212.9 sq mi

ZIP Area

11

Density / Sq Mi

$57,250

Median Household Income

$41,048

Median Earnings

$646

Median Rent

$99,800

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Commercial building with a loading dock, ample parking, and highway access, plus a rubberized roof installed in 2017.

Where is this flex space located?

The property is located at 2540 State Highway 148 Bedford, IA.

What are key features of this property?

This property features: Commercial building formerly used as an auction house; Rubberized roof installed in 2017; Loading dock on the property