For Sale
$195,000

1601 J St Bedford, IN 47421

Prime Redevelopment Opportunity: Vacant, 4700 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional redevelopment opportunity presents a 4,700 square foot, three-story retail building situated on a 0.38-acre lot in downtown Bedford, Indiana. Located at the highly visible corner of 1601 J St, this property benefits from a signaled intersection, ensuring high traffic visibility. The building, constructed in 1890, is classified as Class C and currently vacant, offering a blank canvas for a variety of uses. The street level boasts approximately 1,600 square feet of retail space, featuring attractive display windows, charming interior brick accents, and a unique retro metal-stamped decorative ceiling. Beyond the main level, the building includes a full basement and a second floor, previously utilized as an apartment, presenting additional potential for expansion or repurposing. The property is zoned B-2, allowing for a range of commercial ventures. This owner-user investment opportunity is priced at $195,000, translating to $41.49 per square foot. The property's APN is 47-06-23-120-043.000-010. This is a rare chance to acquire a substantial building in a thriving downtown area. No lease options or ground leases are available.

Highlights

  • $195,000 asking price for a vacant, 4,700 square foot retail building.
  • Located at 1601 J St, Bedford, IN 47421, on a 0.38-acre lot.
  • Three-story building, built in 1890, with a B-2 zoning designation.
  • Features approximately 1,600 square feet of street-level retail space, plus basement and second floor.
  • Property is classified as Class C, with one unit, and is offered as an owner-user redevelopment opportunity.

Property Details for 1601 J St

Property type
Retail properties, Bars
Square Feet
4,700 SF
Class
C
Year Built
1890
Buildings
1
Stories
3
Lot Size (sq. ft)
16,553 SF
Units
1

Location Insight

City
Bedford
County
Lawrence
State
Indiana
Latitude
38.861027182527
Longitude
-86.484217896338

FAQs

What type of property is this?
Retail property - Prime Redevelopment Opportunity: Vacant, 4700 sq ft.
Where is the retail property located?
The property is located at 1601 J St Bedford, IN.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: $195,000 asking price for a vacant, 4,700 square foot retail building.; Located at 1601 J St, Bedford, IN 47421, on a 0.38-acre lot.; Three-story building, built in 1890, with a B-2 zoning designation.
How can I contact the broker?
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1601 J St
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