Active

512 P Street

Retail • 79Y Old
$4,000 Listed 9 months ago
0.41 Acres
Basement
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Property 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.

Directions

South on 37, head East on 5th street, turn Right / South on P street, building is on the left.

Property
MLS # 202614819
Date Listed 2025-12-30
Status Active
Property Type Commercial
Property SubType Retail
New Construction No
Type Retail
Basement Yes
Annual Taxes $4,481.22
Year Taxes Payable 2026
Year Built 1947
Virtual Tour propertypanorama.com »
Days on Market 265
Homestead Year No
Room Dimensions
Den 1 × 4402 Level
Master Bedroom 3600 × 0 Level
3rd Bedroom 2 × 1 Level
External Features
Construction Retail
Lot Size 17,860 sq ft
Acreage 0.41 Acres
Lot Dimensions Irregular
Fence None
Location
Area Lawrence County
County Lawrence
Subdivision None
Township Shawswick
City Bedford
State IN
Zip 47421
Financial
Assoc. Dues $0.00
Contact

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MLS# 202614819
Listing Provided Courtesy of Haley McLaughlin
The Real Estate Co.

Listing updated August 13, 2026 at 2:30 pm
Last checked 13 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively 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 deemed reliable but is not guaranteed accurate by the MLS.