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Office Building with Unfinished Space
For Sale
Contact for pricing
Pending

3315 W 5th Street, Bedford, IN 47421

Brick office property with private offices, multiple conference areas, and adaptable unfinished space.

Property SizeContact for details
Days on Market141

Property Features for 3315 W 5th Street

General Information

Standard status Pending
Property subtype Office
Listing Agency: REMAX Acclaimed Properties
Listed By: Gary West · License #IN RB14041197
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:34AM

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 REMAX Acclaimed Properties

Investment Insights

Based on property information with market context.

This brick office building provides a professional layout with private offices, private conference rooms, and a larger meeting area equipped with an overhead projector and projection screen. Additional features include a kitchenette, separate men’s and women’s restrooms, and a substantial reception area. Of the 7,376 square feet, 2,609 square feet remain unfinished for occupant-specific buildout.

The property encompasses 4.27 acres at the intersection of HWY 37 and State Road 58. A separate 1,156-square-foot home with three bedrooms and one bathroom occupies the east end of the site. That structure has previously served as a professional building and could remain part of the property’s configuration. The site also has potential for at least two additional buildings, subject to applicable approvals and development requirements.

Key Highlights

  • 7,376‑square‑foot office building with 2,609 square feet of unfinished space
  • Private offices, conference rooms, large meeting area, reception area, and kitchenette
  • Overhead projector and projection screen included in the large conference area

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Kitchen & Bath Showroom Auto Repair Shop (Bike/Boat/Book/etc) 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

166
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Brick office property with private offices, multiple conference areas, and adaptable unfinished space.
Where is this office building located?
The property is located at 3315 W 5th Street Bedford, IN.
What are key features of this property?
This property features: 7,376‑square‑foot office building with 2,609 square feet of unfinished space; Private offices, conference rooms, large meeting area, reception area, and kitchenette; Overhead projector and projection screen included in the large conference area
(812) 453-9838 Call to check price and availability
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