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512 P St, Bedford, IN, 47421

1beds
2baths
8,002sqft
$215,000
$27price/sqft
$2,101/moest. monthly cost
$84,040/yrincome needed

About This Home

Rarely does a property of this size, soul, and character come to market especially in this location. This magnificent ±8,000 square foot building carries a rich and storied history — beginning life as a church, then serving the community as a gym for the Boys & Girls Club, followed by years as a licensed daycare, and most recently operating as a beloved vintage market. Every chapter of this building’s life has added to its charm, and now it is ready for its most exciting transformation yet — a stunning multi-unit apartment or multifamily residential dwelling. Soaring ceilings, dramatic oversized vintage windows, a massive open floor plan, and a full dry basement beneath the basketball court combine to create one of the most compelling and character-rich residential conversion opportunities in the Bedford market. Add in a few brand new mechanical systems and fully serviced safety infrastructure — sprinklers and alarms, and the bones couldn’t be better. ZONED (PR) Professional Residential: condos, multifamily, apartments, hospitals, clinics, recreational, churches, daycares, nursing homes & more!

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
54
BikeBikeable

Schools

5/10
6/10
Bedford Middle SchoolGrades 7-80.9 mi

Construction

Condition

  • Year built: 1947

Materials

  • Construction materials: Stone,Limestone

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom1

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 3,600
  • Finished area above ground: 4,402

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 11,602
  • Total interior livable area: 8,002 sqft

Property

Details

  • Parcel number: 470614201014.000010
  • Zoning: PR

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.41 Acres
  • Features: Level