Mixed-Use Triplex
407 Main Street Bedford, IA 50833
407 Main Street, Bedford, IA, 50833
$140,000
Pending
For Sale
$140,000
Pending
COMMERCIAL - Other - Bedford, IA
Lot Size0.12 Acres
Days on Market50
Property Features for 407 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Business/Commercial,Resi
- Basement
- Storage Space, Partial, Block
- Appliances
- Range, Exhaust Fan, Refrigerator, Washer, Dryer, Disposal, Electric Water Heater
- Standard status
- Pending
- APN
- 0423010102000
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- ORIG E43' 2 10 ORIG E43' 2 10 CORP BED CORP BED BEDFORD BEDFORD
- Tax Annual Amount
- 1568
Utilities
- Heating system
- Ductless (Heating), Oil
- Cooling system
- Central Air, Ductless
- Water source
- Public
Building Details
- Year built
- 1904
- Number of units
- 4
- Flooring type
- Vinyl, Carpet
- Building materials
- Block
- Roof type
- Rubber
- Architectural style
- Other
Listing Agency
Red Brick Realty
2615 Lake Road, Bedford, IA
Listed by
Douglas Thompson · License #S41071000
(712) 621-6464
Added: Jun 2 Updated: Jul 12 at 11:32 am Checked: Jul 21 at 3:06 am
MLS# 6338979
Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This former historic bank building has been converted into a mixed-use property with income-producing space on two levels. The main level currently operates as a fitness center and includes three dedicated offices. Upstairs are three apartments: one studio and two 1 bed/1 bath units. The apartments have updated finishes including new paint, flooring, updated vanities, modern countertops, and range/refrigerator. The studio unit includes a brand-new heating and cooling system and new washer/dryer.
The property also features significant infrastructure updates for added operational confidence, including a newly installed electrical service with separate metering for each apartment, updated plumbing throughout, and other cosmetic improvements. A satellite navigation unit on the roof is included as an additional revenue component. Buyers have the option to purchase existing gym equipment.
Located at 407 Main Street in Bedford, Iowa, the property is listed under Business/Commercial and residential zoning.
The property also features significant infrastructure updates for added operational confidence, including a newly installed electrical service with separate metering for each apartment, updated plumbing throughout, and other cosmetic improvements. A satellite navigation unit on the roof is included as an additional revenue component. Buyers have the option to purchase existing gym equipment.
Located at 407 Main Street in Bedford, Iowa, the property is listed under Business/Commercial and residential zoning.
Key Highlights
- Year built 1904 block building with rubber roof and public water service
- Main level currently operates as a fitness center with versatile space and three dedicated offices
- Upstairs has 3 apartments: 1 studio and two 1 bed/1 bath units
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Main level operates as a fitness center, with three apartments upstairs generating rental income.
Where is this triplex located?
The property is located at 407 Main Street Bedford, IA.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Year built 1904 block building with rubber roof and public water service; Main level currently operates as a fitness center with versatile space and three dedicated offices; Upstairs has 3 apartments: 1 studio and two 1 bed/1 bath units
