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Remodeled Medical Office Space
For Sale
$799,900

3307 Mitchell Road, Bedford, IN 47421

I2-zoned facility with private offices, consultation rooms, storage, a kitchenette, and substantial on-site parking.

Property Size5,000 SF
Lot Size1.69 Acres
Price / SF$10.87
Days on Market423

Property Features for 3307 Mitchell Road

General Information

Standard status Active
Size 5,000 SF
Lot size 1.69 Acres
Property subtype Commercial / Mixed Use
Zoning I2

Taxes and HOA fees

Annual Taxes $13,479

Amenities

conference room
kitchenette
storage
air lock entry
Central Air
1
No
Carpet, Tile, Vinyl
Gas, Forced Air
Slab
Yes
Brick, Metal
Metal

Building Details

Year Built 1996
Buildings 1
Building Size 5,000 SF
Listing Agency: Dan Rarey Real Estate
Listed By: Dan Rarey · License #RB14003960
Source: Compass
Added: Jul 16, 2025 Changed: Sep 8 Last Checked: Sep 7 at 9:58AM

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 Dan Rarey Real Estate

Investment Insights

Based on property information with market context.

Located at 3307 Mitchell Rd in Bedford, this 5,000-square-foot medical office building occupies a 1.69-acre lot. The existing layout includes 9 private offices, 3 open rooms, 2 consultation rooms, a conference room, and a large check-in and waiting area. Three half baths, storage areas, a kitchenette, and an air-lock entry support day-to-day operations.

The property is currently configured for medical use and carries I2 zoning. The building was considerably remodeled three years ago and includes extensive parking on the site. Its combination of enclosed offices, open areas, reception space, and support rooms provides a practical platform for continued medical occupancy or other uses identified in the property information.

Key Highlights

  • 5,000‑square‑foot medical office building on a 1.69‑acre lot
  • 9 private offices plus 3 open rooms and 2 consultation rooms
  • Large check‑in and waiting area with conference room

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Dental Office Auto Repair Shop Hair Salon

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

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
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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 - I2-zoned facility with private offices, consultation rooms, storage, a kitchenette, and substantial on-site parking.
Where is this medical office space located?
The property is located at 3307 Mitchell Road Bedford, IN.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 5,000‑square‑foot medical office building on a 1.69‑acre lot; 9 private offices plus 3 open rooms and 2 consultation rooms; Large check‑in and waiting area with conference room
More about this property
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