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3400 16th St
Bedford, IN 47421
Long John Silver’s · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,424 SF
Year Built
1974
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.54 AC
Zoning
Commercial

Amenities

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

About 3400 16TH ST , BEDFORD, IN 47421

The subject investment property is situated along West 16th Street, which boasts average daily traffic counts of nearly 21,000 vehicles respectively. West 16th Street intersects with both US State Route 50 and Indiana Highway 37, which brings an additional 20,200 vehicles into the immediate area on average daily. There are more than 16,250 individuals residing within a three-mile radius of the property and more than 22,900 individuals within a five-mile radius. The subject property benefits from being well-positioned in a highly dense retail corridor consisting of national and local tenants and numerous shopping centers all within close proximity of this property. Major national tenants include: Walmart, Lowe’s, Dollar Tree, JCPenney, Big Lots, several quick service restaurants, multiple academic institutions, as well as many more. This Long John Silver’s also benefits from being just miles away from Oakland City University and Indiana University Health. Oakland City University is a coeducational , small time, private university that has a total enrollment of nearly 2,000 students. Indiana University Health is the largest and most comprehensive healthcare system in Indiana, with 16 hospitals under its IU Health brand and almost 30,000 employees. Bedford is a city in Shawswick Township, Lawrence County, Indiana, United States. The city also serves as the county seat of Lawrence County. Bedford is known as the limestone capital of the world, and is surrounded by limestone quarries, many of which are dangerously used by the residents for swimming. Much of the limestone used in the construction of various Washington D.C., monuments was quarried in the Bedford area. The Bedford area is also home to ten elementary schools: Parkview Intermediate, Springville Elementary, Fayetteville Elementary, Needmore Elementary, Heltonville Elementary, Lincoln Elementary, Dollens Elementary, Stalker Elementary, and Shawswick Elementary. Although there are no major interstates in close proximity, U.S. Highway 50 goes through the heart of the city, connecting Bedford with Seymour to the east, and Vincennes to the west. Additionally, State Road 37 connects Bedford to Bloomington to the north and Mitchell to the south.

Property Taxes

Property Taxes

Parcel Number
47-06-21-100-035.000-010
Land Assessment
$205,200
Improvements Assessment
$310,100
Total Assessment
$515,300
  • Listing ID: 14294398

  • Date on Market: 11/5/2018

  • Last Updated:

  • Address: 3400 16th St, Bedford, IN 47421

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