802 16th St Bedford, IN 47421-3823

This exceptional investment opportunity presents a partially constructed mixed-use building ideally situated near Bedford's vibrant downtown area. The property encompasses 0.13 acres and offers a compelling blend of commercial and residential space. A significant feature is a newly renovated, two-bedroom, two-bathroom apartment complete with its own separate rear entrance and washer/dryer hookups. This apartment provides immediate rental income potential or comfortable owner-occupied living. The commercial space includes five individual offices, each prepped with hand sink hookups, adding to its versatility. A shared toilet hookup and shower are also available. A unique addition is a built-in salt cave, offering potential for a wellness-focused business or a distinctive amenity. The building's existing infrastructure provides a solid foundation for completion and customization to suit a variety of business needs. The asking price of $630,000 reflects the significant potential return on investment this property offers. Its prime location and unique features make it an attractive proposition for both seasoned investors and those seeking a distinctive commercial venture. The property's partially completed state allows for significant customization and the opportunity to tailor the space to specific business requirements. The combination of residential and commercial space offers a unique opportunity to generate multiple income streams. This is a rare chance to acquire a property with significant upside in a thriving downtown location.