Historic Retail or Office
512 P Street Bedford, IN 47421
512 P Street, Bedford, IN, 47421
$190,000
Pending
For Sale
$190,000
Pending
COMMERCIAL - Bedford, IN
Property Size8,000 SF
Lot Size0.41 Acres
Days on Market199
Property Features for 512 P Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Rooms
- Basement
- Standard status
- Pending
- APN
- 47-06-14-201-014.000-010
- Lot size
- 0.41 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- DUNNS S END LOT 12 40X141 AND DUNNS LOT 11 & PT LOT 10 BLK A WARREN JONES MEM EX
- Tax Annual Amount
- 4481
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1947
- Flooring type
- Carpet, Wood, Concrete
- Roof type
- Metal
Listing Agency
The Real Estate Co.
(812) 797-1957
1510 I Street Suite B, Bedford, IN
Listed by
Haley McLaughlin · License #RB21002683
(812) 508-1710
Added: Dec 30, 2025 Checked: Jul 17 at 7:06 pm
MLS# 202549904
Copyright © 2026 Bedford Board of Realtors. 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 sale offers a +/- 8,000 sq ft solid historic building presented as a blank-canvas opportunity for multiple possible uses, subject to zoning and municipal approvals. The property is currently zoned PR (Professional Residential) with a proprietary retail variance. The seller previously considered an upscale vintage market model with booth rentals, and the building has been planned for flexible interior reconfiguration such as adding drop ceilings and dividing walls for office rooms. Existing improvements include a sprinkler system and a newer metal roof, along with basement infrastructure designed to support continued usability.
Access is described as quick to State Road 37, with close proximity to other businesses and residences in Bedford, Indiana. Supporting information about the building’s prior or listed uses is available upon request.
From a tenant or buyer fit perspective, the building’s configuration supports re-tenanting into retail, office, or other concepts that can be approved under the current framework. The basement includes two sewage-related pumps and two sump pits intended to keep the basement dry and odor-free, plus a brand-new furnace and an additional furnace that was recently serviced by Lenox. Seller-provided business plan details and projections are available upon request.
Access is described as quick to State Road 37, with close proximity to other businesses and residences in Bedford, Indiana. Supporting information about the building’s prior or listed uses is available upon request.
From a tenant or buyer fit perspective, the building’s configuration supports re-tenanting into retail, office, or other concepts that can be approved under the current framework. The basement includes two sewage-related pumps and two sump pits intended to keep the basement dry and odor-free, plus a brand-new furnace and an additional furnace that was recently serviced by Lenox. Seller-provided business plan details and projections are available upon request.
Key Highlights
- +/- 8,000 SF solid historic building (year built 1947) with a proven history of multiple uses
- Currently zoned PR (Professional Residential) with a proprietary retail variance
- Sprinkler system in place and metal roof (newer)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Solid historic building with sprinkler system and newer metal roof, offered with PR zoning and an existing retail variance.
Where is this retail space located?
The property is located at 512 P Street Bedford, IN.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: +/- 8,000 SF solid historic building (year built 1947) with a proven history of multiple uses; Currently zoned PR (Professional Residential) with a proprietary retail variance; Sprinkler system in place and metal roof (newer)
