527 15Th StBedford, IN 47421

  • Commercial real estate
  • 7,200 SF
For Sale
$269,900 View listing

Property Details for 527 15Th St

Year built
1950
Construction
WOOD
Lot size
0.58 AC
Property size (Sq ft)
7,200 SF
Property type
Commercial real estate
APN
47-06-13-334-013.000-010
APU
470613334013000010

Description

This unique 74-year-old church building presents a remarkable opportunity for adaptive reuse in Bedford, Indiana's vibrant downtown area. Situated on a 0.59-acre lot, the property boasts a spacious upstairs sanctuary with convenient handicap accessibility, offering significant potential for a variety of commercial ventures. The downstairs area comprises numerous adaptable rooms, providing flexibility for diverse uses and layouts. A significant advantage is the inclusion of a private parking lot, addressing a common challenge for commercial properties. The sale includes all existing furnishings, a substantial asset comprising 280 chairs, tables, and other items, ready for immediate use or resale. Further enhancing the property's practicality is a dedicated fellowship hall, ideal for gatherings or events, and a convenient outdoor storage shed. The property's prime location near Bedford's downtown core offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a distinctive and well-equipped space. The building's solid construction and established presence within the community provide a strong foundation for a successful commercial enterprise. This is a rare opportunity to acquire a substantial property with significant existing infrastructure and a wealth of potential uses. The asking price is $269,900. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,097,122
    Hospitality
    $1,004,958
    Educational
    $836,113
    Medical
    $864,868
    Retail
    $1,300,620

Location Insight

City
Bedford
County
Lawrence
State
Indiana
Latitude
38.8625
Longitude
-86.4783
CBSA code
13260
CBSA name
BEDFORD, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
-
$31,000
$128,100
$159,100
-
$31,000
$128,100
$159,100

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