Listing courtesy of The Real Estate Co. · Listing agent: Haley McLaughlin

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ActiveRetail

512 P Street

$4,000

$0.91 / sq ft

Bedford, IN 47421

  • Basement
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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

Location

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$4,000

2 baths