3116 5th St

Bedford, IN 47421

$459,900
Price
—
Beds
0.5
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

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.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.
  1. Listed by Bobbi Powell • RE/MAX Acclaimed Properties

Property Details for 3116 5th Street

Subdivision
None
Waterfront
No
LISTING UPDATED: 12/04/2025 02:44 PM

Property Details for 3116 5th Street

StatusActive
MLS #202542044
Days on Market71
Taxes$4,616 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1985
Lot Size0.89 AC / 38,768 SF
CountyLawrence County

Location

Listing Courtesy of RE/MAX Acclaimed Properties
Add your commute

Building Information for 3116 5th Street

Stories1Residences-Year Built1985Lot Size0.89 AC / 38,768 SF

Payment Calculator

$2,657 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,273

Property Taxes

$385

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3116 5th Street

Summary
Location and General Information
  • Area: Lawrence County
  • City: Bedford
  • Zip Code: 47421
  • State: IN
  • Township: Shawswick
  • Geo Latitude: 39
  • Geo Longitude: -87
  • Road Access: State
  • Fips Code: 18093
  • Directions To Property: From Highway 37, head East on 5th St/Hwy 58. Property is approx. 0.75 of a mile on the Right.
  • Location: City
Taxes and HOA
  • Parcel Description: Irregular, 0-2.9999
  • Annual Taxes: $4,616
  • Year Taxes Payable: 2025
  • Parcel Number Id: 47-06-15-200-075.000-010
Parking
  • Number Of Parking Spaces: 50
  • Parking: Lot, Off-Street, Paved
Property
Lot Information
  • Class: COMMERCIAL
  • Property Subtype: Mixed Use
  • Approx Lot Size Acres: 0.89
  • Lot Dimensions: irregular
  • Approx Lot Size Sqft: 38768.0
Property and Assessments
  • New Construction: No
  • Year Built: 1985
  • Age: 40
  • Documents Available: Aerial Photo
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Electric Company: Duke Energy Indiana
  • Sewer: City
  • Water Company: Bedford City Utilities
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Driveway: Asphalt
  • Exterior: Aluminum, Brick
  • Platted: Yes
  • Road Surface: Asphalt
  • Roof Material: Metal
Interior Features
  • Basement: No
  • Basement/Foundation: Slab
  • Cooling: Central Air
  • Flooring: Carpet, Concrete, Tile
  • Heating/Fuel: Gas
  • Stories: 1
Multi Family
Multi-Family Information
  • Number of Buildings: 1

Property History for 3116 5th Street

DateEvent & SourcePriceAppreciation
Oct 16, 2025

Price Change

Indiana Regional MLS #202542044

$475,000—
Oct 16, 2025

Listed (Active)

Indiana Regional MLS #202542044

$459,900—
DateEvent & SourcePrice
10/16/2025

Price Change

Indiana Regional MLS #202542044

$475,000
10/16/2025

Listed (Active)

Indiana Regional MLS #202542044

$459,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3116 5th Street

Taxable ValueLand$58,700Additions$101,100Total$159,800
Tax Record2024$4,616 ($385 / month)
Home Facts
Total Finished SqFt4,624 SqFtAbove Grade Finished SqFt4,624 SqFtStories1Lot Size38,768 SqFtStyleRestaurantYear Built1985CountyLAWRENCEAPN47-06-15-200-075.000-010

Schools near 3116 5th Street

This home is within North Lawrence Com Schools.
Rating
School
Type
Grades
Distance
Stalker Elementary School
Public - K to 5
Bedford Middle School
Public - 7 to 8
Bedford-North Lawrence High School
Public - 9 to 12
Parkview Intermediate School
Public - PK to 6
Rating
School
Distance
Stalker Elementary School
PublicK to 5

Bedford Middle School
Public7 to 8

Bedford-North Lawrence High School
Public9 to 12

Parkview Intermediate School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 3116 5th Street, Bedford, IN 47421

3116 5th Street is a mixed use property for sale in Bedford, IN 47421. This property was listed for sale on October 16, 2025 by RE/MAX Acclaimed Properties, it's currently listed at $459,900. This listing's school district is North Lawrence Com Schools. Nearby schools include Stalker Elementary School, Bedford Middle School and Bedford-North Lawrence High School. 3116 5th Street is a 0-bed, 0.5-bath, mixed use property built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Acclaimed Properties

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.