Historic Mixed-Use
For Sale
Contact for pricing
512 P St, Bedford, IN 47421
Flexible commercial building with PR zoning, a proprietary retail variance, basement utility infrastructure, and a newer metal roof.
Property Size8,000 SF
Price / SF$0.91
Days on Market21
Property Features for 512 P St
General Information
Standard status
Active
Size
8,000 SF
Zoning
PR
Additional Details
Highway Access
Yes
Sprinkler System
Yes
Building Details
Year Built
1947
Buildings
1
Building Size
8,000 SF
Listing Agency:
The Real Estate Co.
(812) 675-6967
Listed By:
Haley McLaughlin · License #RB21002683
Source:
Callcriswell
Added: Aug 10
Changed: Aug 29
Last Checked: Aug 25 at 4:14AM
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 The Real Estate Co.
Investment Insights
Based on property information with market context.
Built in 1947, this historic mixed-use building offers a substantial open interior that has supported multiple uses over time. The property is currently zoned PR (Professional Residential) and carries a Proprietary Retail Variance, providing an established framework for continued commercial planning subject to zoning and municipal approvals. A sprinkler system and newer metal roof are among the building improvements.
The basement includes two sewage pumps and two regular sump pits, along with a new furnace and a second furnace that was recently serviced. The property is located at 512 P St in Bedford, with access to State Road 37 and nearby businesses and residences. Its existing configuration and utility infrastructure support evaluation for retail, office, or other approved mixed-use concepts.
The basement includes two sewage pumps and two regular sump pits, along with a new furnace and a second furnace that was recently serviced. The property is located at 512 P St in Bedford, with access to State Road 37 and nearby businesses and residences. Its existing configuration and utility infrastructure support evaluation for retail, office, or other approved mixed-use concepts.
Key Highlights
- 1947 historic building with a documented history of multiple uses
- PR (Professional Residential) zoning with a Proprietary Retail Variance
- Quick access to State Road 37
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 96%
Shops & Services 4%
Price Less Foods
Groceries
9,950 visits/mo
0.1 miles
Storage Express
Shops & Services
403 visits/mo
0.3 miles
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial building with PR zoning, a proprietary retail variance, basement utility infrastructure, and a newer metal roof.
Where is this mixed-use property located?
The property is located at 512 P St Bedford, IN.
What are key features of this property?
This property features: 1947 historic building with a documented history of multiple uses; PR (Professional Residential) zoning with a Proprietary Retail Variance; Quick access to State Road 37
