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Flexible Office Building
For Lease
$3,000/Mo

1209 E Morgan Street, Martinsville, IN 46151

Commercial Lease, Martinsville, IN

Space SizeContact for details
Lot Size0.40 Acres
Days on Market691

Property Features for 1209 E Morgan Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning B2
Middle school John R. Wooden Middle School
Elementary school district MSD Martinsville Schools
Middle school district MSD Martinsville Schools
High school district MSD Martinsville Schools
Directions GPS Friendly
Subdivision 5512 - Morgan - Washington
Standard status Active
APN 550934370006000021
Lot size 0.40 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description S34 T12 R1e Pt W Sw 150' X 116' .40 A Exc 16' N Side.
Legal Description S34 T12 R1e Pt W Sw 150' X 116' .40 A Exc 16' N Side.

Utilities

Utilities Cable Available

Amenities

full kitchen

Building Details

Year built 1978
Listing Agency: Advisor, REALTORS(R)
Listed By: Douglas Daniel · License #RB14032037
Added: Oct 16, 2024 Changed: Sep 1 Last Checked: Sep 6 at 5:06AM
MLS# 22007019

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office property at 1209 E Morgan Street includes a brick exterior, paved parking, four entries and exits, a conference room, an expansive open flex area, seven private offices, two bathrooms, and a full kitchen. Several interior partitions are temporary and can be removed to reconfigure the workspace. A spacious attic offers additional area that may be converted or expanded for usable square footage. Built in 1978, the property is zoned B2 and includes cable availability. Immediate occupancy is available in Martinsville, Indiana.

Key Highlights

  • Seven private offices, two bathrooms, conference room, full kitchen, and open flex area
  • Brick building with paved parking and 4 entries/exits
  • Temporary interior walls can be removed for larger offices or work areas

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Nail Salon Hair Salon Big Box & Wholesale Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

362
Businesses Nearby

Demographics for 46151, IN

32,335
Population
13,366
Households
2.4
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
203.6 sq mi
ZIP Area
159
Density / Sq Mi
$77,724
Median Household Income
$45,426
Median Earnings
$978
Median Rent
$219,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - B2-zoned office property with adaptable workspace, private offices, meeting space, and on-site paved parking.
Where is this office building located?
The property is located at 1209 E Morgan Street Martinsville, IN.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Seven private offices, two bathrooms, conference room, full kitchen, and open flex area; Brick building with paved parking and 4 entries/exits; Temporary interior walls can be removed for larger offices or work areas
More about this property
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