3116 W 5th Street Bedford, IN ^$ 459,900

3116 W 5th Street

^$ 459,900

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3116 W 5th Street

Bedford, IN, 47421

^$ 459,900

Bedrooms-- Baths3.0 Sq 4,624

Monthly Estimate*

^$ 2,869

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3116 W 5th Street, Bedford, IN 47421 - Image 11

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Commercial Property for sale in Bedford, IN

for $459,900 with 3 full baths. This 4,624 square foot building was built in 1985 on a lot size of 0.89.

Easily converted space with endless possibilities. This commercial building has been updated with a fresh new exterior. Recently painted exterior trim, sealed asphalt parking, and many recent repair/updates to the building makes this a perfect spot for your business. This space has over 4600 sq ft of space and could be divided into several small businesses or remain one large space. Previously used as a restaurant, fitness center, and car lot. Prime investment opportunity for a growing business.

Commercial Active

Price

^$ 459,900

Full Bath

Property Type

Commercial

Taxes

^$ 4,616

Style

Mixed Use

Lot Size

0.89

Year Built

1985

Town/City

Bedford

County/Region

Lawrence

MLS | Web ID

202542044

Features

General

Heating Gas

Cooling Central Air

Ceiling Height 10 ft

Roof Metal

Parking Yes Lot Off-Street Paved

Sewer City

# of Buildings 1

Status Active Active

Bathrooms 3

Year Built 1985

New Construction No

Subdivision None

Stories Count 1

Township Shawswick

Class COMMERCIAL

Present Use Vacant-Best for Owner/Usr

Type Mixed Use

Age 40

Special Features 440 Volts Handicap Access Office Space

REO No

Status Detail 0

Area Lawrence County

Location City

City Bedford

Legal Description E Pt NW 15-5-1W (0.89A)

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202542044

Agent First Name Bobbi

Agent Last Name Powell

DOM 61

Tax Year 2025

Exterior

Road Surface Asphalt

Road Access State

Exterior Aluminum Brick

Driveway Asphalt

Number of Parking Spaces 50

Lot Size Area 38768

Lot Dimensions irregular

Parking Type asphalt lot

Waterfront Y/N No

Interior

Flooring Carpet Concrete Tile

Basement/Foundation Slab

Walls Drywall

* Excluded Features

List By

Bobbi Powell

Listing Agent

Re/Max Acclaimed Properties

Broker

4bobbi@frontier.com

Affordability Calculator

$3,254

Per Month

Monthly Principal & Interest: $2,869
Monthly Property Taxes: $385
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Bedford, IN

Average List Price ^$1,286,208

Percent of Sale Price 180%

About Bedford, IN

13,724 Population

-2% Since 2002

^$38,167 Median Income

41.36 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1237469 Elementary School

1237627 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/4/2025	$459,900	-3.18%	Price Down
10/16/2025	$475,000		Listed Price

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3116 W 5th Street, Bedford, IN, 47421 is a Commercial Property for sale at $459,900 with 4,624 sqft and a lot size of 0.89. 3116 W 5th Street has 3.0 baths and was built in 1985. The property's zip code is 47421 which is in Bedford, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is 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.

Data is updated as of 12/18/2025.

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3116 W 5th Street

Commercial Property for sale in Bedford, IN

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