Property summary
This exceptional 3-story commercial building is situated on a 0.04-acre lot at a highly visible, signaled intersection in the heart of downtown Bedford, Indiana. The street-level retail space offers approximately 1,600 square feet, boasting attractive display windows to maximize visibility and draw in customers. Inside, the space features appealing interior brick accents and a unique retro metal-stamped decorative ceiling, adding character and charm. The building's strategic corner location ensures maximum exposure to pedestrian and vehicular traffic. Beyond the main retail area, the property includes a full basement, offering ample storage or potential for expansion. The second level previously functioned as an apartment, presenting a versatile space that could be repurposed for office space, additional retail, or residential use, subject to local zoning regulations. Recent significant improvements have been made to the building, including the installation of new windows, gutters, roof, and siding, ensuring the property is well-maintained and energy-efficient. This presents a rare opportunity to acquire a well-located, updated commercial property in a thriving downtown area, ideal for a variety of businesses seeking a prominent presence in Bedford. The asking price is $195,000. This property is ready for immediate occupancy and offers significant potential for return on investment.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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