Historic Retail/Office Building
For Sale
Contact for pricing
124 E Morgan St, Martinsville, IN 46151
Downtown Martinsville retail/office building with potential for diverse uses.
Property Size5,565 SF
Price / SF$62.89
Days on Market202
Property Features for 124 E Morgan St
General Information
Standard status
Active
Size
5,565 SF
Property subtype
Office, Retail
Zoning
B-2
Building Details
Year Built
1900
Buildings
1
Stories
2
Listing Agency:
KW Commercial / Keller Williams Indy Metro NE
(317) 607-0884
Listed By:
Sharon Thompson · License #IN #RB14044406
Source:
Crexi
Added: Jan 28
Changed: Aug 8
Last Checked: Aug 8 at 2:54PM
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 KW Commercial / Keller Williams Indy Metro NE
Investment Insights
Based on property information with market context.
Located in downtown Martinsville on the Courthouse Square, this historic building offers a combination of retail and office space. The building, constructed in 1900, features a storefront area suitable for walk-in traffic and window displays, along with professional office spaces. The building previously housed Artesian Book. The property encompasses 5565 square feet and includes a large second floor characterized by high ceilings and natural light. The second floor also provides views overlooking the new Martinsville Arts Venue. The building presents potential for various uses, including apartments, Airbnb units, studios, or expanded office space. A new roof is planned for 2025. The property is zoned B-2 General Commercial. It can be purchased separately or together with the adjacent property at 128 E Morgan St.
Key Highlights
- Prime downtown location on Courthouse Square.
- Large 5565 sq ft building with flexible retail/office space.
- High potential for apartments, Airbnb, studios, or expanded offices.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Downtown Martinsville retail/office building with potential for diverse uses.
Where is this storefront property located?
The property is located at 124 E Morgan St Martinsville, IN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Prime downtown location on Courthouse Square.; Large 5565 sq ft building with flexible retail/office space.; High potential for apartments, Airbnb, studios, or expanded offices.
