Martinsville, IN Commercial Real Estate for Sale

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Walgreens Drug Store
Updated: Mar 12
Walgreens Drug Store

25 Bills Boulevard, Martinsville, IN 46151

$2,700,000
14,525 sqft 2.12 AC lot
14,525‑square‑foot Walgreens drug store
2.123‑acre property in Martinsville, IN
Built in 2003
11.43% cap rate
Directly off I‑69
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Three-Building Flex Property
Updated: Oct 28
Three-Building Flex Property

1819 E Morgan Street, Martinsville, IN 46151

$1,500,000
1.23 AC lot
Three‑building assemblage on approximately 1.80 acres
1819 E Morgan Street: 4,800 square feet of garage space and a 1,285‑square‑foot mezzanine
Mezzanine includes 3 offices and a large conference room
Main garage features 14' doors and 22' ceilings
1809 E Morgan includes a graphics storefront, with 12' doors and 14' ceilings
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Three-Building Mixed-Use Property
Three-Building Mixed-Use Property

1819 E Morgan Street, Martinsville, IN 46151

$1,695,000
1.23 AC lot

B2-zoned portfolio combines garage, office, retail storefront, and single-bay building space.

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Three-Building Flex Property
Three-Building Flex Property

1819 E Morgan St, Martinsville, IN 46151

$1,500,000
10,777 sqft

A three-building assemblage pairs garage and office areas with an existing graphics storefront and enclosed storage lot.

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Retail Space
Retail Space

1740 Hospital Drive, Martinsville, IN 46151

$575,000
0.54 AC lot

Commercial property with C 1 zoning and natural gas heating.

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Commercial Land Near Walmart
Commercial Land Near Walmart

Cramertown Loop, Martinsville, IN 46151

$1,000,000
9.95 AC lot

Vacant commercial land with public sewer near established retail and medical uses.

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Agricultural Farmland Along Interstate
Agricultural Farmland Along Interstate

00D Waverly Road, Martinsville, IN 46151

$759,750
30.39 AC lot

Agricultural zoning and Interstate 69 frontage define this Martinsville land offering.

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Walgreens Drug Store
Walgreens Drug Store

25 Bills Boulevard, Martinsville, IN 46151

$2,700,000
14,525 sqft

Walgreens-branded drug store with direct access to I-69 and a 2003 construction date.

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Commercial Land with Public Sewer
Commercial Land with Public Sewer

555 Commercial Boulevard, Martinsville, IN 46151

$300,000
1.03 AC lot

Commercially zoned land with public sewer near established shopping, residences, and restaurants.

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Agricultural Land Parcel
Agricultural Land Parcel

7892 N Whiteland Lane, Martinsville, IN 46151

$413,400
20.67 AC lot

The property carries agricultural zoning and lies near I-69.

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Historic Brick Mixed-Use Buildings
Historic Brick Mixed-Use Buildings

124-128 E Morgan St, Martinsville, IN 46151

$569,000
11,922 sqft

Two connected commercial buildings offer adaptable space for retail, office, co-working, and boutique service uses.

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Updated Storefront with Garage
Updated Storefront with Garage

159 N Main Street, Martinsville, IN 46151

$399,900
0.14 AC lot

Commercial zoning, alley access, and a separate upper-level open area provide flexible space for business operations.

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Two-Story Auto Shop Building
Two-Story Auto Shop Building

709 Morton Avenue, Martinsville, IN 46151

$380,000
0.20 AC lot

Commercially zoned corner property with garage bays, multiple access points, and a newer asphalt roof.

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Visible Commercial Site on Morton
Visible Commercial Site on Morton

960 Morton Avenue, Martinsville, IN 46151

$950,000
9,450 sqft

Highly visible commercial site along a heavily traveled corridor.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

665 Morton Avenue, Martinsville, IN 46151

$500,000
2.71 AC lot

B2-zoned parcel with access to I-69 and SR67.

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Commercial Land with Paved Frontage
Commercial Land with Paved Frontage

1705 Bobby Helms Boulevard, Martinsville, IN 46151

$995,000
0.93 AC lot

C2-zoned parcel with public utilities and an existing asphalt area for site operations.

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Corner Auto Shop Building
Corner Auto Shop Building

709 Morton Ave, Martinsville, IN 46151

$380,000
2,580 sqft

Two-story corner lot auto shop with garage bays and a newer roof, zoned B2 for flexible business use.

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Office Building with Flexible Layout
Office Building with Flexible Layout

1209 E Morgan Street, Martinsville, IN 46151

$360,000
0.40 AC lot

B-2-zoned office property with adaptable interior space, private offices, meeting area, kitchen, and central air.

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Former Farm Credit Building For Sale
Former Farm Credit Building For Sale

1209 E Morgan St, Martinsville, IN 46151

$369,797
2,116 sqft

Brick building with flexible layout, offices, and kitchen.

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Agricultural Land with Pasture
Agricultural Land with Pasture

N Waverly Park Rd, Martinsville, IN 46157

$425,000
20.00 AC lot

Open pasture with road-accessible utilities and a recently completed survey supports continued agricultural use.

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Office Units
Office Units

293 Grand Valley Blvd, Martinsville, IN 46151

Contact for pricing
3,700 sqft

The office units are available through a sublease ending June 30, 2029.

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Agricultural Land Parcel
Agricultural Land Parcel

00A S R 37, Martinsville, IN 46151

$1,542,750
56.10 AC lot

Agricultural zoning and an I-69 border characterize this acreage in northern Morgan County.

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Freestanding Retail/Office Building
Freestanding Retail/Office Building

200 Flag Stone Drive, Martinsville, IN 46151

Contact for pricing
2,500 sqft 0.72 AC lot

Freestanding 2,500 SF building with 15 parking spaces, suited for retail, restaurant, medical, or office use near I-69.

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Agricultural Land Tract
Agricultural Land Tract

S 37, Martinsville, IN 46151

$3,170,000
131.06 AC lot

Agricultural zoning supports continued land-based use, with septic service needed.

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Martinsville, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Martinsville, IN, showcased through 47 active listings on our real estate platform. These investment opportunities span a total of 126,792 square feet of properties for sale, with an estimated market value of $30,104,247.

Sale prices for business properties in Martinsville, IN start at $55,000, averaging $836,229, and reaching up to $3,170,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 32K
Population Growth (5Y) +1.7%
Median Household Income $77,724
College Educated 26.4%

High-Yield Neighborhoods for Investment

Identify Martinsville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Monrovia - 46157 $425K
Martinsville - 46151 $828.8K

Taxes & Financing

Tax Rate (average for all types) 1.52%
Property Tax per SF $25.34 per SF
Tax Rate vs County Average 0.40 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morgan County

New Delisted

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