Historic Martinsville Retail/Office
For Sale
Contact for pricing
128 E Morgan St, Martinsville, IN 46151
6,357 SF historic building near Courthouse Square.
Property Size6,357 SF
Price / SF$55.06
Days on Market202
Property Features for 128 E Morgan St
General Information
Standard status
Active
Size
6,357 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 6:36AM
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 retail and office building offers 6,357 square feet of space. Formerly home to Royal Title Services, the building is conveniently close to the new Morgan County Courthouse. Constructed in 1900, the property has been updated, including a new roof planned for 2025. The main level features a large front waiting area, a wood-paneled conference room, an open office area, a kitchenette, and ample storage. The second floor offers lofty ceilings and natural light, with views overlooking the new Martinsville Arts Venue. Zoned B-2 General Commercial, this location has excellent potential for new retail and professional services, as well as apartments, Airbnb, studios, or expanded offices. The property can be sold separately or combined with the adjoining building at 124 E Morgan St.
Key Highlights
- Prime downtown location on Courthouse Square, near the new Morgan County Courthouse.
- 6,357 SF historic building** with retail and office space.
- Zoned B‑2 General Commercial, allowing for diverse uses (retail, office, apartments, Airbnb, studios).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
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?
Retail space - 6,357 SF historic building near Courthouse Square.
Where is this retail space located?
The property is located at 128 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, near the new Morgan County Courthouse.; 6,357 SF historic building** with retail and office space.; Zoned B‑2 General Commercial, allowing for diverse uses (retail, office, apartments, Airbnb, studios).
