Properties

512 P Street, Bedford, Indiana 47421 MLS 202549904

0.41 acre - 512 P Street, Bedford, Indiana 47421

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Property Description

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. More photos coming soon.

Basic Details
Property Type : Commercial
Listing Type : For Sale
Listing ID : 202549904
Price : $290,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1947
Lot Area (ACRES) : 0.41
Total Finished SqFt : 0
Address Map
Country : US
State : IN
City : Bedford
Area : Lawrence County
Subdivision : None
Zipcode : 47421
Street : P
Street Number : 512
Floor Number : 0
Longitude : W87° 30' 27.7''
Latitude : N38° 52' 25.7''
Additional Details
Property SubType : Retail
List Agent : 54932
Listing Office 1 : 11090
Status : Active
Waterfront Y/N : No
New Construction : No
Lot Dimensions : Irregular
Main Level SqFt : 0
Approx. Lot Size SqFt : 17,860
Annual Taxes : $4,481
Association Dues $ : $0
Other Fees $ : $0
Road Surface : Asphalt
REO Y/N : No
Basement Y/N : Yes
Age : 78

Listing provided courtesy of: The Real Estate Co., Haley McLaughlin.

Commercial For Sale
  • Listing ID : 202549904
  • Bedrooms : 0
  • Bathrooms : 0
  • Lot Area (ACRES) : 0.41 acre
  • Visits : 0
$290,000
Agent info
Keith Realty & Auction Group
2411 River Road, Spencer, IN 47460
Contact Agent

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