806 16th St Bedford, IN 47421-3823
This exceptional commercial property, situated at 806 16th Street in Bedford, Indiana, presents a fantastic opportunity for a variety of businesses. Located conveniently near Bedford's downtown square, this property benefits from high visibility and significant foot traffic due to its prime position on busy 16th Street/Highway 50 East. The building offers approximately 0.05 acres of land and features two large display windows, ideal for showcasing products or services to passersby. The asking price is $83,500. The square footage is not currently specified, but the property's strategic location and prominent storefront make it an attractive investment for entrepreneurs seeking a strong presence in the heart of Bedford's commercial district. This property is ready for immediate occupancy and offers a unique chance to establish or expand a business in a thriving community. The convenient location provides easy access to local amenities and a strong customer base. Serious inquiries are encouraged to explore this promising commercial real estate opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.