Search
Office Building with Flexible Layout
For Sale
$369,797

1209 E Morgan Street, Martinsville, IN 46151

Commercial Sale, Martinsville, IN

Property SizeContact for details
Lot Size0.40 Acres
Days on Market797

Property Features for 1209 E Morgan Street

General Information

Property type Residential
Property subtype Office
Zoning B-2
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
Cooling system Central Air

Amenities

conference room
large open flex room
full kitchen
attic

Building Details

Year built 1978
Listing Agency: Advisor, REALTORS(R)
Listed By: Douglas Daniel · License #RB14032037
Added: Jul 1, 2024 Changed: Aug 28 Last Checked: Sep 5 at 11:06PM
MLS# 21988240

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 1978 office building at 1209 E Morgan Street includes a brick exterior, paved parking, four entries and exits, seven private offices, two bathrooms, a conference room, and a full kitchen. The interior also provides a large open flex area, while several nonpermanent partitions allow the existing arrangement to be reconfigured for different workspace requirements. Central air supports the building, and cable service is available. The property occupies 0.4 acres and is zoned B-2. An attic area offers additional space that could be converted or expanded, subject to applicable approvals and construction requirements. Immediate occupancy is available, and showings are arranged through the listing broker owner.

Key Highlights

  • 1978 office building on 0.4 acres
  • B‑2 zoning with central air
  • Brick exterior and paved parking

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.

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - B-2-zoned office property with adaptable interior space, private offices, meeting area, kitchen, and central air.
Where is this office building located?
The property is located at 1209 E Morgan Street Martinsville, IN.
What is the asking price?
The asking price for this property is $369,797.
What are key features of this property?
This property features: 1978 office building on 0.4 acres; B‑2 zoning with central air; Brick exterior and paved parking
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message