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512 P Street

Bedford, IN 47421
  • $250,000
  • STATUS: Active
  • ON SITE: 65 Days
  • MLS #: 202549904
UPDATED: 40 min ago
$250,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,402
    SQFT
Neighborhood:
Type:
Commercial
Built:
1947
County:
Area:

School Ratings & Info

Listing provided by Haley Mclaughlin of The Real Estate Co.: .

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.

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© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2026-03-05T23:28:00.827.

www.housesinfortwayne.com/homes/171640719
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512 P Street Bedford, IN 47421

  • Price: $250,000
  • Status: Active
  • On Site: 65 Days
  • Updated: 40 min ago
  • MLS #: 202549904
0
Beds
0
Baths
0
½ Baths
0.41
Acres
4,402
SQFT
$57
$/SQFT
1947
Built
Neighborhood:
None
County:
Lawrence
Area:
Lawrence
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.
Exterior Features

Construction Type1 Block Construction Type2 Steel Beams & Concrete Exterior StoneOther Fence Vinyl Fire Doors YN No Location City Lot Dimensions Irregular Parcel Description Irregular0-2.9999 Parking PavedPrivateStreet Parking Spaces 20 Parking Type Asphalt Parking YN Yes Road Access City Road Frontage Description Near R and Comm Road Surface Asphalt Roof Material Metal Sea Wall Type None Security Light YN Yes Signs YN No Water Features None Waterfront YN No

Interior Features

Basement Foundation Full BasementOutside EntranceWalk-Up Basement YN Yes Bldg1 Above Grd Sq Ft 4402 Bldg1 Below Grd Sq Ft 3600 Bldg1 Fin Office Sq Ft 0 Ceiling Height 8 Column Spacing 17 Cooling Central Air Flooring ConcretePart CarpetWood Heating Fuel GasCeilingConventionalForced AirMultiple Heating Systems Interior Height 26.9 Interior Walls BlockConcreteDrywallOther Internal Rooms KitchenOfficeShowroomStorageWorkroom Special Features Handicap Access Total Restrooms 2

Property Features

Annual Taxes 4481.22 Auction YN No Buildings 1 Burglar Alarm YN No Currently Leased YN No Documents Available Building Plans and SpecsLBP FormUtility Bill InformationZoning Easements None Electric Company Duke Energy Indiana Enterprise Zone No Equipment YN No Excluded From Sale Personal Property Fire Protection City For Sale Or Rent For Sale Gas Company CenterPoint Energy Ingress Egress Asphalt Inside City Limits Yes Known Soil Other Contaminants YN No Known Underground Storage Tanks YN No Lease Available YN No Lease Term Remaining 0 Lighted Intersection YN No New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Retail Property Sub Type Retail Property Use Vacant-Best for Owner/Usr Public Utilities Electric Hook-UpGas Hook-UpMun. Sewer to SiteMun. Water to Site Reo YN No Sale Includes BuildingLand Security Gate YN No Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN Yes Tax Abatement No Township Shawswick Water Company Bedford City Utilities Water Heater YN No Water Softener YN No Water Utility City Year Taxes Payable 2026 Zoning Description OfficeResidentialApartmentsDaycare

Listing provided by Haley Mclaughlin of The Real Estate Co.: .

© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty.


© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2026-03-05T23:28:00.827.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Haley Mclaughlin of The Real Estate Co.: .