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    160 East Morgan St Martinsville, IN 46151

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    For Sale
    $675,000

    8,000 sqft commercial building in downtown Martinsville, Indiana.

    Property size:
    9,968 SF
    Lot size:
    0.14 Acres

    Property Features for 160 East Morgan St

    General Information

    Size
    9,968 SF
    Lot size
    0.14 Acres

    Source: Gardner Property Group Agent Cory Gardner

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Martinsville Commercial Property For Sale

    Located at 160 E Morgan St in Martinsville, Indiana, this commercial property offers 8,000 sqft of space suitable for various business opportunities. The building is positioned in a strategic downtown location, providing high visibility and easy access. It is suitable for retail, office space, or mixed-use development. The property is situated on a 9,968 sqft lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.4265449
    Latitude
    39.4281282

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    FAQs

    What type of property is this?
    Retail space - 8,000 sqft commercial building in downtown Martinsville, Indiana.
    Where is this retail space located?
    The property is located at 160 East Morgan St Martinsville, IN.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Prime commercial property in a strategic downtown location; - **Spacious 8,000 sqft building** suitable for various business opportunities; - High visibility due to its downtown location
    (260) 705-7325
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    160 East Morgan St Martinsville, IN 46151
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    Martinsville, IN 46151
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    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
    160 East Morgan St Martinsville, IN 46151
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