Martinsville, IN Commercial Real Estate for Sale

List

Map

Monrovia, IN Mooresville, IN Brooklyn, IN Paragon, IN Quincy, IN Morgantown, IN Gosport, IN Bloomington, IN

47 properties

Sort:

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

View details

Updated: Jul 15

Multi-Building Flex Property

1819 E Morgan Street, Martinsville, IN 46151

$1,695,000

1.23 AC lot

Three‑building flex property spanning approximately 1.80 acres
1819 E Morgan includes 4,800 square feet of garage space and a 1,285‑square‑foot mezzanine
Three offices and a large conference room are located within the mezzanine
14‑foot garage doors and 22‑foot ceilings at 1819 E Morgan
1809 E Morgan offers graphics storefront, reception, office, and work areas

View details

Retail Space

1740 Hospital Drive, Martinsville, IN 46151

$575,000

0.54 AC lot

Commercial property with C 1 zoning and natural gas heating.

View details

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

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.

View details

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.

View details

White River Commercial Land

4440 State Road 37 N, Martinsville, IN 46151

$6,800,000

29.87 AC lot

Multiple zoning designations and on-site electrical utilities support a range of commercial land uses.

View details

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.

View details

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.

View details

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.

View details

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.

View details

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.

View details

Updated Storefront with Garage

159 N Main Street, Martinsville, IN 46151

$435,000

0.14 AC lot

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

View details

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.

View details

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.

View details

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.

View details

Commercial Land with Paved Frontage

1705 Bobby Helms Boulevard, Martinsville, IN 46151

$995,000

0.93 AC lot

Level C2-zoned parcel with public utilities available and an existing asphalt area for parking, staging, or equipment access.

View details

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.

View details

Office Building with Flexible Layout

1209 E Morgan Street, Martinsville, IN 46151

$369,797

0.40 AC lot

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

View details

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.

View details

Commercial Development Land

Wysscraft Lane, Martinsville, IN 46151

$5,800,000

10.00 AC lot

Development tract with B2 and B3 zoning, electrical utilities on site, and other utilities near the property.

View details

Commercial Land Parcel with SR39 Frontage

665 Morton Avenue, Martinsville, IN 46151

$500,000

2.71 AC lot

2.71-acre B2-zoned parcel with SR39 frontage, providing easy access to I-69 and SR67.

View details

Agricultural Land with Pasture

N Waverly Park Rd, Martinsville, IN 46157

$500,000

20.00 AC lot

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

View details

Warehouse Property For Sale

1819 East Morgan Street, Martinsville, IN 46151

Contact for pricing

4,800 sqft

Warehouse property offered for sale at 1819 E Morgan Street, Martinsville, IN, with GPS-friendly directions.

View details

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.

View details

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 122,566 square feet of properties for sale, with an estimated market value of $39,803,244.

Sale prices for business properties in Martinsville, IN start at $75,000, averaging $1,137,235, and reaching up to $6,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

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	$500K
Martinsville - 46151	$1.3M

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

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Morgan County

Retail

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings