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Historic Brick Mixed-Use Buildings
For Sale
$569,000

124-128 E Morgan St, Martinsville, IN 46151

Two connected commercial buildings offer adaptable space for retail, office, co-working, and boutique service uses.

Property Size11,922 SF
Price / SF$47.73
Days on Market41

Property Features for 124-128 E Morgan St

General Information

Standard status Active
Size 11,922 SF

Building Details

Year Built 1900
Buildings 2
Construction brick
Listing Agency: Bennett Realty
Listed By: Justin Bennett
Source: Eveloteam
Added: Jul 21 Changed: Aug 29 Last Checked: Aug 25 at 4:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bennett Realty

Investment Insights

Based on property information with market context.

This offering includes two adjoining brick commercial buildings with a combined 11922 square feet of space. Constructed in 1900, the properties provide a flexible mix of commercial areas, with second-floor space available for future buildout or reconfiguration. The buildings have supported both retail and office occupancy, and their layout can accommodate co-working or boutique service concepts.

The property is located at 124-128 E Morgan St in Martinsville, IN 46151, within the city's historic downtown square. It sits beside the new Martinsville Venue and benefits from the pedestrian activity associated with the downtown setting. A brand-new GAF Diamond roof was installed in 2025, providing a recent building improvement for future ownership or occupancy.

Key Highlights

  • Two adjoining brick commercial buildings totaling 11922 SF
  • Built in 1900 within Martinsville's historic downtown square
  • Flexible space for retail, office, co‑working, and boutique service uses

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Hair Salon Nail Salon Electrical Service Big Box & Wholesale Store Spa & Massage Center

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

567
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two connected commercial buildings offer adaptable space for retail, office, co-working, and boutique service uses.
Where is this mixed-use property located?
The property is located at 124-128 E Morgan St Martinsville, IN.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Two adjoining brick commercial buildings totaling 11922 SF; Built in 1900 within Martinsville's historic downtown square; Flexible space for retail, office, co‑working, and boutique service uses
More about this property
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