Listing courtesy of The Real Estate Co. · Listing agent: Haley McLaughlin
512 P Street
$4,000
$0.91 / sq ft
Bedford, IN 47421
- Basement
- Bathrooms
- 2
- Lot
- 0.41 ac
- Year built
- 1947
- Type
- Retail
- Listed
- April 24, 2026
- MLS #
- 202614819
About this home
Can you Imagine the Possibilities!? This blank canvas is ready to be transformed into the next Powerhouse for Your Business. Bring Your Vision, Activate the Space into Yours, and Shape its Next Chapter. Quick access to State Road 37, Close Proximity to other businesses and residences, a BOOMING Town, a GROWING Area. This ±8,000 sq ft Solid Historic Building—with a proven history of multiple uses—offers Exceptional Income Potential and the Rare Opportunity to be Reimagined into virtually Any Vision, subject to zoning and municipal approvals. Currently zoned PR (Professional Residential) with a Proprietary Retail Variance. Owner had plans to host an upscale vintage market and rent out booth space to sell vintage items. Although already Popular Among the Vendors who booked booths, seller has plans to pursue other ventures elsewhere. Seller’s business plan projects potential Gross Monthly Income Exceeding $6,000, plus an Additional 5% of Sales to Owner. Supporting details available upon request. Not interested in Retail? How about Office Space? Build a drop ceiling and dividing walls to rent out office rooms. Imagine each office having a Large Vintage Window! Apartments? Yes! Sprinkler system? Check! Newer metal roof? Check! Fresh, blank canvas? Check! Basement features 2 emaciating pumps for sewage and 2 regular sump pits which keep the Basement Dry and Odor-Free. Additionally in the basement there is a Brand New Furnace and another that had been Recently Serviced by Lenox. Want to brainstorm a New Business Plan with this building? Call your Favorite Realtor! More details available upon request including full list of building use as PR.
Property details
Interior
- Stories
- 1
- Finished area above grade
- 4,402 sq ft
- Basement
- Full, Outside Entrance, Walk-Up Access
- Flooring
- Concrete, Carpet, Wood
- Heating
- Natural Gas, Ceiling, Conventional, Forced Air, Multiple Heating Systems
- Cooling
- Central Air
Exterior & parking
- Construction
- Stone
- Roof
- Metal
- Parking
- Paved, Private, On Street
- Fencing
- Vinyl
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot size (acres)
- 0.41 ac
- Lot dimensions
- Irregular
- Location type
- City
- Inside city limits
- Yes
- County
- Lawrence County
- Township
- Shawswick
- Current use
- Retail
- Road frontage
- City Street
- Road surface
- Asphalt
- Platted
- Yes
- Planned unit development
- No
- Directions
- South on 37, head East on 5th street, turn Right / South on P street, building is on the left.
Taxes & terms
- Annual taxes
- $4,481
- Tax year
- 2026
- Tax abatement
- No
- Possession
- At close
- Parcel number
- 47-06-14-201-014.000-010
Included in the sale
- Included in sale
- Building,Land
- Excluded from sale
- Personal Property
Utilities
- Water
- City
- Sewer
- Public Sewer
- Utilities
- Electric Hook-Up, Gas Hook-Up, Mun. Sewer to Site, Mun. Water to Site
- Electric provider
- Duke Energy Indiana
- Gas provider
- CenterPoint Energy
- Water provider
- Bedford City Utilities
Income & commercial
- Parking spaces
- 20
- Water meters
- 1
- Ceiling height
- 8