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Flex Space with Warehouse, Office & Apartments
For Sale
Under Contract
$299,900

701-705 I Street, Bedford, IN 47421

COMMERCIAL - Bedford, IN

Property SizeContact for details
Lot Size0.41 Acres
Days on Market511

Property Features for 701-705 I Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Fencing Privacy
Lot features City
Directions Corner of 7th & I Street
Subdivision Lawrence County
Standard status Active Under Contract
APN 47-06-14-104-021.000-010
Lot size 0.41 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Footes Lots 17-18 (60x150) & (60x150)
Tax Annual Amount 3105
Legal Description Footes Lots 17-18 (60x150) & (60x150)

Utilities

Cooling system Multi Units, Central Air

Building Details

Year built 1956
Flooring type Tile, Concrete, Carpet
Roof type Metal
Listing Agency: RE/MAX Acclaimed Properties · RE/MAX International
Listed By: Gary West · License #RB14041197
Added: Mar 27, 2025 Changed: Aug 4 Last Checked: Aug 19 at 6:06AM
MLS# 202510176

Copyright © 2026 Indiana Uplands Realtor® Association. 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.

Flex space property at 701-705 I Street in Bedford includes warehouse and office space along with apartments, offering a mixed-use configuration under one roof. Interior finishes include tile, concrete, and carpet. The property features a metal roof, privacy fencing, and off-street parking.

Cooling is provided by central air with multi-unit cooling. The building was constructed in 1956.

With flexible zoning and layout potential suggested by the on-site warehouse, office, and residential components, the property can support a range of light industrial and business office needs alongside rental apartment income.

Key Highlights

  • 0.41‑acre mixed‑use flex property with warehouse, office space, and apartments
  • Metal roof and privacy fencing
  • Tile, concrete, and carpet flooring

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods Cafe & Coffee Shop Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

183
Businesses Nearby
Under-served
Demand for This Use

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex-use building with warehouse and office space plus apartments, featuring metal roof, off-street parking, and central air.
Where is this flex space located?
The property is located at 701-705 I Street Bedford, IN.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 0.41‑acre mixed‑use flex property with warehouse, office space, and apartments; Metal roof and privacy fencing; Tile, concrete, and carpet flooring
More about this property
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