Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    709 Morton Ave Martinsville, IN 46151

    Sponsored
    For Sale
    $380,000

    Mixed Use - Martinsville, IN

    Type:Mixed Use
    Property size:
    2,580 SF
    Lot size:
    0.20 Acres
    Days on Market:
    208
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 709 Morton Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    Commercial
    APN
    551308230001000021
    Size
    2,580 SF
    Lot size
    0.20 Acres

    Building Details

    Year built
    1909
    Roof type
    Asphalt
    Architectural style
    Other

    Keller Williams Indy South (765) 342-5500 [email protected]

    Listing agent Shannon Schoolcraft (765) 342-5500 License #RB14042506

    Listing date Jun 12, 2025

    MLS# 22044646 Listing URL

    Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Lot Mixed-Use Building

    This mixed-use property is located on a corner lot with high visibility and traffic at a busy intersection in Martinsville, Indiana. The property benefits from multiple access points and high visibility for businesses due to the traffic at the stop light and along the 39 bypass, which connects Martinsville to Bloomington and Indianapolis. Zoned B2, the property can accommodate various business types, including retail, restaurants, food service, office spaces, medical facilities, and auto-related businesses. The 2580-square-foot, two-story building includes garage bays and a newer roof. The property, situated on a 0.2-acre lot, was previously used as an auto business and was formerly the old bus terminal. It is located at 709 Morton Avenue, Martinsville, IN 46151.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.437392
    Latitude
    39.411223

    Nearby Similar for Sale

    • $449,900
      1,432 SF

      Prime Commercial Corner Lot

      High-visibility corner lot with immediate I-69 access in Martinsville.
      9393 N Waverly Park Rd, Martinsville, IN 46151
      View Details
    • $435,000
      5,934 SF

      Updated Retail Building in Downtown

      Updated commercial building in revitalized downtown Martinsville, Indiana.
      159 N Main St, Martinsville, IN 46151
      View Details
    • $373,797
      2,116 SF

      Martinsville Office Building For Sale

      Former Farm Credit building with flexible layout and immediate occupancy.
      1209 E Morgan St, Martinsville, IN 46151
      View Details
    • $229,900
      Pending

      Martinsville Office Ready for Business

      Turn-key office space in high-traffic area near I-69.
      610 E Morgan St, Martinsville, IN 46151
      View Details
    • $75,000
      0.63 Acres

      Retail Opportunity in Martinsville, IN

      Retail property available for sale in Martinsville, Indiana.
      2119 E Morgan St, Martinsville, IN 46151
      View Details
    • $475,000
      3,204 SF

      Versatile Commercial Building in Martinsville

      3204 sq ft commercial space suitable for retail or office.
      160 N Marion St, Martinsville, IN 46151
      View Details
    • $745,000
      11,922 SF

      Downtown Martinsville Commercial Buildings For Sale

      Two adjoining buildings in downtown Martinsville, ideal for retail or office.
      124-128 E Morgan St, Martinsville, IN 46151
      View Details
    • $450,000
      Pending

      Martinsville Commercial Space for Sale

      15,000+ sq ft commercial space ready for customization.
      65 W Morgan St, Martinsville, IN 46151
      View Details
    • $950,000
      6,000 SF

      High-Visibility Martinsville Retail Opportunity

      Strategic location with high traffic, adaptable for various business uses.
      930 Morton Ave, Martinsville, IN 46151
      View Details
    • $1,597,500
      2,159 SF

      Freestanding Arby's in Martinsville, IN

      Single tenant Arby's in top 10% performing location.
      273 Grand Valley Blvd, Martinsville, IN 46151
      View Details
    • $295,000
      1,512 SF

      Charming Home with Pole Barn

      3-bedroom home on 2.5+ acres with a 48x32 pole barn.
      290 S Buffalo Hill Rd, Martinsville, IN 46151
      View Details
    • $2,700,000
      14,525 SF

      Martinsville Walgreens For Sale

      14,525 SF Walgreens located in Martinsville, Indiana for sale.
      25 Bills Blvd, Martinsville, IN 46151
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - High-visibility corner lot suitable for retail, office, or auto businesses.
    Where is this mixed-use property located?
    The property is located at 709 Morton Ave Martinsville, IN.
    What is the asking price?
    The asking price for this property is $380,000.
    What are key features of this property?
    This property features: - High-traffic corner lot with excellent visibility at a busy intersection; - B2 zoning allows for a wide range of business types; - Multiple access points to the property
    (765) 342-5500
    Request Owner's contact information
    709 Morton Ave Martinsville, IN 46151
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    709 Morton Ave
    Martinsville, IN 46151
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    709 Morton Ave Martinsville, IN 46151
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.