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2359 16th St 2,688 SF Office Building Bedford, IN 47421 $350,000 ($130.21/SF)
Investment Highlights
- High-visibility location on a main Bedford thoroughfare, providing strong exposure for businesses.
- Includes a professional reception area to welcome clients and an on-site conference room for meetings and presentations.
- Equipped with central air, forced-air heating, and a durable metal roof for long-term maintenance ease.
- Flexible office layout designed to accommodate both private offices and collaborative team areas.
- Future growth potential with a 0.46-acre lot allowing building expansion and additional parking beyond the existing paved spaces for eight vehicles.
Executive Summary
Elevate your business presence with this professional building offering excellent visibility on a main thoroughfare in Bedford where over 22,000 vehicles travel daily! Ideal for an insurance office, medical practice, legal firm, tech start ups and more. Entry and reception area will impress clients and guests from the moment they enter the building. Flexible office layouts suit private and collaborative work styles. The work station area is ideal for teams. The conference room is perfect for meetings, presentations or client consultations. The kitchen area is a comfortable space for employees to relax and recharge. In addition, there are 2 restrooms and a storage area. The building sits on 0.46 Acres allowing for future expansion of the building and additional parking. There is currently paved.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,688 SF
Building Class
C
Year Built
1960
Price
$350,000
Price Per SF
$130.21
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,688 SF
Building FAR
0.36
Lot Size
0.17 AC
Opportunity Zone
Yes
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Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 47-06-15-404-037.000-010 | Improvements Assessment | $96,000 |
| Land Assessment | $68,000 | Total Assessment | $164,000 |
Property Taxes
Parcel Number
47-06-15-404-037.000-010
Land Assessment
$68,000
Improvements Assessment
$96,000
Total Assessment
$164,000
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Contact the Sale Advisor
2359 16th St