Listing courtesy of Showcase Indiana Real Estate · Listing agent: Esteban Flores

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ActiveMixed Use

1001 15th Street

$699,000

$144.60 / sq ft

Bedford, IN 47421

  • Basement
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Bathrooms
6
Lot
0.07 ac
Year built
1900
Type
Mixed Use
Listed
August 10, 2026
MLS #
202632459

About this home

Historic, fully occupied mixed use commercial building in the heart of Bedford, Indiana, documented to have over 10,000 vehicles passing the property in a day. Featuring 3 commercial suites and 2 residential apartments, this income producing property delivers strong cash flow and excellent long term upside. Recent facade renovations were completed in 2024, adding to the appeal of this prominent downtown property. 8.6% Cap. Adding to its appeal, the highly visible corner commercial suite at 1001 is expected to become available for owner occupancy in 2027, creating a rare opportunity to establish your business headquarters while continuing to collect income from the remaining tenants. Properties offering this combination of high visibility, strong daily traffic counts, diversified income, future owner occupant potential, and a premier downtown location rarely come to market. Invest today and position yourself on Bedford's main commercial artery with a property offering immediate income and exceptional long term potential. The surrounding area is also benefiting from continued public and private investment. A new city park is being planned approximately two blocks away, with preliminary plans including a connection to the Milwaukee Trail designed to enhance walkability and connectivity with downtown Bedford. The neighboring building is also currently undergoing renovations, further contributing to the continued reinvestment taking place along this downtown corridor.

Property details

Interior

Stories
2
Finished area above grade
4,834 sq ft
Basement
Crawl Space, Partial, Outside Entrance, Unfinished
Flooring
Vinyl
Heating
Electric, Ceiling, Forced Air, Hot Water, Multiple Heating Systems
Cooling
Central Air, Wall AC

Exterior & parking

Construction
Brick, Stone, Masonry
Roof
Flat
Parking
Gravel, Parking Lot, Private, Public Parking, On Street
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
0.07 ac
Lot dimensions
17 by 180
Location type
City
Inside city limits
Yes
County
Lawrence County
Township
Shawswick
Cross street
J street
Road frontage
City Street
Platted
Yes
Planned unit development
No
Directions
Head East on 16th street, turn left on I street, turn left on 15th street around square. Property located at the intersection of 15th street and J street.

Taxes & terms

Annual taxes
$5,240
Tax abatement
No
Listing terms
Cash, Contract, Conventional
Possession
November 29th or after
Parcel number
47-06-14-441-026.000-010

Included in the sale

Included in sale
Building,Land,Lease

Utilities

Water
City
Sewer
Public Sewer
Utilities
Electric Hook-Up, Natural Gas Available, Mun. Sewer to Site, Mun. Water to Site
Electric provider
Duke Energy Indiana
Water provider
Bedford City Utilities

Income & commercial

Cap rate
8.6%
Parking spaces
2
Water meters
2
Ceiling height
9

Location

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