# 512 P Street, Bedford, IN 47421

> **TL;DR:** 0bd/2ba commercial, $215,000, built 1947. Est. $932/mo. Listed 101 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $215,000 |
| Bathrooms | 2 full |
| Year Built | 1947 |
| Lot Size | 17,860 sqft (0.41 acres) |
| Stories | 1 |
| Property Type | Commercial (Retail) |
| Status | For Sale |
| Days on Market | 101 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $932 |
| **Total** | **$932** |

## Property Highlights

- Built in 1947
- 0.41 acre lot
- 20 parking spaces

## Description

### Agent 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.

## Location

- **Address:** 512 P Street, Bedford, IN 47421
- **County:** Lawrence County
- **Neighborhood:** None
- **Coordinates:** 38.873801, -86.492115
- **Google Maps:** https://www.google.com/maps?q=38.873801,-86.492115

## Listing Agent

- **Name:** Haley McLaughlin
- **Brokerage:** The Real Estate Co.
- **Phone:** 8125081710
- **Email:** HaleyMcLaughlinRealtor@gmail.com

## Primary Photo

![512 P Street - Primary Photo](http://lh.rdcpix.com/2a028f90ed442f962dc4952d89604b99l-f1281495138r.jpg)

*7 total photos available on [listing page](https://www.propertysimple.com/listing/512-p-street-bedford-in-47421-02549904)*

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**MLS#:** 202549904 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Bedford Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/512-p-street-bedford-in-47421-02549904)

---

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