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Downtown Restaurant with Equipment
For Sale
$449,000

905 15th St, Bedford, IN 47421

Updated restaurant space includes operating infrastructure and a three-way liquor license.

Property Size1,728 SF
Lot Size0.26 Acres
Price / SF$259.84
Days on Market36

Property Features for 905 15th St

General Information

Standard status Active
Size 1,728 SF
Lot size 0.26 Acres

Restaurant

Grease Trap Yes
Equipment Included Yes
Liquor License Yes

Building Details

Year Built 2000
Listing Agency: Jason Millican Group
Listed By: Jason Millican · License #RB14027891
Source: Barberryrealty
Added: Jul 25 Changed: Aug 29 Last Checked: Aug 25 at 4:03AM

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 Jason Millican Group

Investment Insights

Based on property information with market context.

This 1,728-square-foot restaurant property occupies a 0.26-acre lot in downtown Bedford. The building was constructed in 2000 and received a comprehensive update within the last two years. Included improvements consist of restaurant equipment, an Ansul fire-suppression system, and a grease pit, along with a three-way liquor license.

The property is offered without a lease in place with the current business. Its existing restaurant infrastructure and bar-related licensing support continued use as a restaurant or bar, subject to applicable requirements.

Key Highlights

  • 1,728 SF restaurant building on a 0.26‑acre lot
  • Downtown Bedford location at 905 15th St
  • Property updated within the last two years

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Real Estate Agency Furniture & Home Goods Cafe & Coffee Shop Restaurant Building Supply

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

Lease Details

Yes
Grease trap
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

616
Businesses Nearby
64k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 89% Dining 11%
Marathon Petroleum Shops & Services
11,751 visits/mo 0.4 miles
Circle K Shops & Services
9,197 visits/mo 0.5 miles
Circle K Shops & Services
7,750 visits/mo 0.3 miles
Dollar General Shops & Services
7,074 visits/mo 0.4 miles
Mobil Shops & Services
6,898 visits/mo 0.1 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Updated restaurant space includes operating infrastructure and a three-way liquor license.
Where is this conventional restaurant located?
The property is located at 905 15th St Bedford, IN.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 1,728 SF restaurant building on a 0.26‑acre lot; Downtown Bedford location at 905 15th St; Property updated within the last two years
More about this property
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