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Medical Office with Treatment Rooms
For Sale
$879,900

3307 Mitchell Rd, Bedford, IN 47421

A 2023 renovation refreshed a multi-room facility with I-2 zoning and on-site parking.

Property Size5,000 SF
Lot Size1.69 Acres
Price / SF$175.98
Days on Market10

Property Features for 3307 Mitchell Rd

General Information

Standard status Active
Size 5,000 SF
Lot size 1.69 Acres
Zoning I-2

Additional Details

Highway Access Yes
Property Use Medical Office
Medical Specialty physical therapy

Amenities

conference room with kitchenette
lobby/waiting area

Building Details

Year Built 1996
Year Renovated 2023
Buildings 1
Building Size 5,000 SF
Listing Agency: Benish Real Estate Group
Listed By: Paul Meyer · License #RB20001144
Source: Spencerchildersgroup
Added: Oct 21 Changed: Oct 28 Last Checked: Aug 25 at 5:30AM

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 Benish Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

This 5,000-square-foot medical office property was remodeled in 2023 and has a floor plan suited to clinical or office operations. The interior includes 9 private exam or treatment rooms, 2 large offices, 3 open areas, a conference room with kitchenette, and a lobby and reception area. Three half baths, a laundry room, a mechanical room, and additional storage complete the layout.

The property occupies 1.69 acres and includes parking for more than 20 vehicles. I-2 zoning and access to town and Hwy. 37 are additional features of the site.

Key Highlights

  • 5,000‑square‑foot building remodeled in 2023
  • 9 private treatment or exam rooms, 2 large offices, and 3 open areas
  • Conference room with kitchenette, lobby, and reception area

Property Analytics

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

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Building Supply Big Box & Wholesale 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby
Balanced
Demand for This Use

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Similar Off Market Nearby

  • Animal Care Clinic — 4213 Mitchell Rd, Bedford, IN 47421

Frequently Asked Questions

What type of property is this?
Medical Office Space - A 2023 renovation refreshed a multi-room facility with I-2 zoning and on-site parking.
Where is this medical office space located?
The property is located at 3307 Mitchell Rd Bedford, IN.
What is the asking price?
The asking price for this property is $879,900.
What are key features of this property?
This property features: 5,000‑square‑foot building remodeled in 2023; 9 private treatment or exam rooms, 2 large offices, and 3 open areas; Conference room with kitchenette, lobby, and reception area
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