1001 15th St, Bedford, IN 47421

Property Description

Historic, fully occupied mixed use commercial building in the heart of Bedford, Indiana, documented to have over 10,000 vehicles passing the property in a day. Featuring 3 commercial suites and 2 residential apartments, this income producing property delivers strong cash flow and excellent long term upside. Recent facade renovations were completed in 2024, adding to the appeal of this prominent downtown property. 8.6% Cap. Adding to its appeal, the highly visible corner commercial suite at 1001 is expected to become available for owner occupancy in 2027, creating a rare opportunity to establish your business headquarters while continuing to collect income from the remaining tenants. Properties offering this combination of high visibility, strong daily traffic counts, diversified income, future owner occupant potential, and a premier downtown location rarely come to market. Invest today and position yourself on Bedford's main commercial artery with a property offering immediate income and exceptional long term potential. The surrounding area is also benefiting from continued public and private investment. A new city park is being planned approximately two blocks away, with preliminary plans including a connection to the Milwaukee Trail designed to enhance walkability and connectivity with downtown Bedford. The neighboring building is also currently undergoing renovations, further contributing to the continued reinvestment taking place along this downtown corridor.