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Active
512 P Street Bedford, IN 47421
0.41 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202614819
Year Built 1947
Annual Tax Amount $4,481
Tax Year 2026
Lot Size 0.410 Acres
Property Sub-Type Retail
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.
Location
State IN
County Lawrence County
Area Lawrence County
Zoning PR Professional-Residential District
Direction South on 37, head East on 5th street, turn Right / South on P street, building is on the left.
Interior
Flooring Concrete, Part Carpet, Wood
Appliance Building, Land
Laundry , 20
Exterior
Fence Vinyl
Roof Type Metal
Total Parking Spaces 20
Building
Story 1
New Construction No
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202614819
IDX information provided by the Indiana Regional MLS
Listed by Haley McLaughlin • The Real Estate Co.