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Turn-Key Restaurant & Bar
For Sale
$449,000

905 15th Street, Bedford, IN 47421

COMMERCIAL - Bedford, IN

Property SizeContact for details
Lot Size0.26 Acres
Days on Market142

Property Features for 905 15th Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Lot features City
Directions Hwy 50 East to downtown Bedford, turn left on I Street, property on corner of 15th St and I Street.
Subdivision Lawrence County
Standard status Active
APN 47-06-14-441-016.000-010
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 47
Tax Description Orig Pt Lot 5 62 X 180.
Tax Annual Amount 8160
Legal Description Orig Pt Lot 5 62 X 180.

Utilities

Cooling system Central Air

Building Details

Year built 2000
Flooring type Concrete
Roof type Flat, Rubber
Listing Agency: Jason Millican Group
Listed By: Jason Millican · License #RB14027891
Added: Mar 23 Changed: Aug 4 Last Checked: Aug 11 at 7:06PM
MLS# 202609640

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.

This turn-key restaurant/bar property is offered for sale with included equipment, a 3-way liquor license, an Ansul fire suppression system, and a grease pit. The property was completely updated within the last two years, supporting a ready-to-operate setup for a restaurant or bar concept. Sale also includes the existing operational components tied to the food and beverage use, and there is no lease in place with the current business.

Located at 905 15th Street in downtown Bedford, Indiana, the property sits on a 0.26-acre lot, providing a straightforward site for continued restaurant/bar use.

Key Highlights

  • Restaurant/bar property with sale including equipment plus a 3‑way liquor license
  • Completely updated within the last two years, with no lease in place with the current business
  • ANSUL fire suppression system included, along with a grease pit

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

714
Businesses Nearby
59k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 75% Dining 25%
Circle K Shops & Services
9,197 visits/mo 0.1 miles
Hardee's Dining
7,869 visits/mo 0.2 miles
Circle K Shops & Services
7,750 visits/mo 0.2 miles
Dollar General Shops & Services
7,074 visits/mo 0.0 miles
Mobil Shops & Services
6,898 visits/mo 0.5 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Updated within two years and sold with equipment, Ansul system, and grease pit for immediate restaurant/bar operations.
Where is this conventional restaurant located?
The property is located at 905 15th Street 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: Restaurant/bar property with sale including equipment plus a 3‑way liquor license; Completely updated within the last two years, with no lease in place with the current business; ANSUL fire suppression system included, along with a grease pit
More about this property
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