Historic Retail Space with
For Sale
Contact for pricing
512 P Street, Bedford, IN 47421
COMMERCIAL, Bedford, IN
Property Size8,000 SF
Lot Size0.41 Acres
Price / SF$0.50
Days on Market264
Property Features for 512 P Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Office, Residential, Apartments, Daycare
Rooms
Basement
Lot features
City
Directions
South on 37, head East on 5th street, turn Right / South on P street, building is on the left.
Subdivision
Lawrence County
Standard status
Active
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
Legal Description
DUNNS S END LOT 12 40X141 AND DUNNS LOT 11 & PT LOT 10 BLK A WARREN JONES MEM EX
Utilities
Cooling system
Central Air
Building Details
Year built
1947
Flooring type
Concrete, Wood, Carpet
Roof type
Metal
Listing Agency:
The Real Estate Co.
(812) 797-1957
Listed By:
Haley McLaughlin · License #RB21002683
(812) 508-1710
Added: Dec 30, 2025
Changed: Sep 16
Last Checked: Sep 20 at 5:06PM
MLS# 202614819
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.
Built in 1947, this approximately 8,000-square-foot historic building provides a retail-oriented commercial setting with a prior history of multiple uses. The property is currently zoned PR, or Professional Residential, and carries a proprietary retail variance. Interior finishes include carpet, concrete, and wood, while central air serves the building. A metal roof and basement add to the existing improvements.
The 0.41-acre property is located at 512 P Street in Bedford, with access to State Road 37 and nearby businesses and residences. Basement improvements include two sewage pumps, two sump pits, a new furnace, and a second furnace recently serviced by Lenox. The space is presented as a configurable commercial property, subject to zoning and municipal approvals.
The 0.41-acre property is located at 512 P Street in Bedford, with access to State Road 37 and nearby businesses and residences. Basement improvements include two sewage pumps, two sump pits, a new furnace, and a second furnace recently serviced by Lenox. The space is presented as a configurable commercial property, subject to zoning and municipal approvals.
Key Highlights
- Approximately 8,000 square feet on 0.41 acres
- PR zoning with a proprietary retail variance
- Built in 1947 with a metal roof
Property Analytics
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Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road 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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - PR-zoned property includes a retail variance, central air, metal roofing, and basement space.
Where is this retail space located?
The property is located at 512 P Street Bedford, IN.
What are key features of this property?
This property features: Approximately 8,000 square feet on 0.41 acres; PR zoning with a proprietary retail variance; Built in 1947 with a metal roof
