512 P Street, Bedford, IN 47421
- Added:
- Dec 30, 2025
- Days on Market:
- 171
- Last Refresh:
- Jun 19 at 12:06 pm
Property Features for 512 P Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- Office, Residential, Apartments, Daycare
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Kitchen, Office
- Parking
- 20
- Parking features
- Paved or Surfaced
- Interior features
- Block, Concrete, Drywall, Other, Handicap Access
- Exterior features
- Fence, Handicap Access
- Fencing
- Fenced
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Pending
- APN
- 47-06-14-201-014.000-010
- Size
- 8,000 SF
- Lot size
- 0.41 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4481.22
Utilities
- Heating system
- Ceiling, Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1947
- Floors in Building
- 1
- Flooring type
- Carpet, Concrete, Wood
- Building materials
- Other, Stone
- Roof type
- Metal
- Architectural style
- Other
Listing agent Haley McLaughlin License #RB21002683 (812) 508-1710
Listing office The Real Estate Co. 1510 I Street, Bedford, IN (812) 797-1957
Listing date Dec 30, 2025
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.
HighLights
- ±8,000 sq ft historic building with exceptional income potential.
- Located in a booming town with quick access to State Road 37.
- Zoned PR (Professional Residential) with Proprietary Retail Variance.
- Features a newer metal roof, sprinkler system, and handicap access.
- Dry and odor‑free basement.
- Includes a brand new furnace.
Overview
The site sits on an approximately 0.41-acre lot and is described as having quick access to State Road 37, with proximity to other businesses and residences. The remarks indicate the building has a proven history of multiple uses.
From an operator’s perspective, the building is laid out to support a variety of concepts subject to zoning and municipal approvals. The seller previously contemplated an upscale vintage market with booth rentals, and the space can also be reconfigured by adding a drop ceiling and dividing walls to create rentable office rooms. Alternative residential plans are also contemplated, with the property’s infrastructure intended to support continued use and tenant comfort. More detailed building use information is available upon request.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bedford
- County
- Lawrence
- State
- Indiana
- Longitude
- -86.492115
- Latitude
- 38.873801
