512 P Street, Bedford, IN 47421

• 1 bed |
• 2 baths |
• 11,602 sqft

Property Description

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!

Listing Status:

Active

Date Added:

April 27, 2026

Data Last Updated:

May 22, 2026 at 4:59PM

Listing Office:

The Real Estate Co. : 812-797-1957

Listing Agent:

Haley McLaughlin : 812-508-1710

MLS ID:

202615209

Interior

• Basement: Full Basement
• A/C: Central Air
• Heating: Gas
• Fireplace: Wood BurningFireplaceFireplaces: 1

Exterior

• General: LimestoneStone
• Style: One Story

Location

• School District: North Lawrence Community Schools

Lot

• Zoning: DUNNS S END LOT 12 40X141 AND DUNNS LOT 11 & PT LOT 10 BLK A WARREN JONES MEM EX47-06-14-201-014.000-010

Utilities

• Water: City
• Sewer: City