159 N Main Street, Martinsville, IN 46151

Building Details

Year built

1873

Listing agent Michelle Chandler License #RB14035890 Show Phone

Listing office Keller Williams Indy Metro S s***@kw.com E Morgan St 1410, Greenwood, IN Show Phone

Listing date Apr 21, 2025

Report an issue

MLS# 22033819

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

This updated historic commercial building includes a spacious main retail area measuring 42' x 42', with natural light from large front windows that have recently been replaced. Toward the rear are two versatile office or stockroom spaces, supported by a 30' x 21' garage area with alley access. The building also features an upstairs open space with its own entrance, currently used for storage and offering flexibility for future conversion needs.

Located on the north side of Main Street in downtown Martinsville, the property is positioned near public parking for customer and staff convenience. The downtown setting supports a mix of nearby businesses, with retail and office uses well-aligned to the surrounding activity.

For tenants or buyers looking for a building that combines frontline sales with back-of-house versatility, the layout provides dedicated retail presence along with additional rooms that can function as offices or storage. The alley-access garage can support deliveries and secure vehicle or inventory storage, while the upstairs open area can be used as is or repurposed for additional operational space depending on the buyer’s plan.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Martinsville

County

Morgan

State

Indiana

Longitude

-86.428266

Latitude

39.428418

Nearby Similar for Sale

• 

  $2,700,000

  14,525 SF

  Martinsville Walgreens For Sale

  14,525 SF Walgreens located in Martinsville, Indiana for sale.

  25 Bills Boulevard, Martinsville, IN 46151

  View Details
• 

  $380,000

  2,580 SF

  Corner Lot Mixed-Use Building

  High-visibility corner lot suitable for retail, office, or auto businesses.

  709 Morton Avenue, Martinsville, IN 46151

  View Details
• 

  $795,000

  6,000 SF

  High-Visibility Martinsville Retail Opportunity

  Strategic location with high traffic, adaptable for various business uses.

  930 Morton Ave, Martinsville, IN

  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

  View Details
• 

  $3,520,000

  355 Acre Farm Near Martinsville

  Large contiguous farm with tillable acreage and river frontage.

  0 N Waverly Park Rd, Martinsville, IN 46151

  View Details
• 

  $680,000

  Downtown Martinsville Commercial Buildings For Sale

  Two adjoining commercial buildings in downtown Martinsville's courthouse square.

  128 East Morgan Street, Martinsville, IN 46151

  View Details
• 

  $369,797

  Former Farm Credit Office Building

  Brick office building with multiple entries, flexible interior areas, and a usable attic for expansion possibilities.

  1209 E Morgan Street, Martinsville, IN 46151

  View Details
• 

  $350,000

  5,565 SF

  Historic Downtown Martinsville Retail/Office Building

  Historic 5565 SF retail/office building in downtown Martinsville.

  124 East Morgan Street, Martinsville, IN 46151

  View Details
• 

  $232,000

  Side-by-Side Duplex Investment

  Two side-by-side duplex units with eat-in kitchens, 2 bedrooms and 1 bath each, plus a newer metal roof.

  859-869 E Jackson Street, Martinsville, IN 46151

  View Details
• 

  $1,300,000

  9,450 SF

  Visible Commercial Site on Morton

  Highly visible commercial site along a heavily traveled corridor.

  960 Morton Avenue, Martinsville, IN 46151

  View Details
• 

  $350,000

  6,357 SF

  Historic Martinsville Retail/Office Building

  6,357 SF historic building near Courthouse Square.

  128 E Morgan St, Martinsville, IN 46151

  View Details
• 

  $350,000

  5,565 SF

  Historic Retail/Office Building Opportunity

  Downtown Martinsville retail/office building with potential for diverse uses.

  124 E Morgan St, Martinsville, IN 46151

  View Details

FAQs

What type of property is this?

Retail space - Updated retail building with office/stockroom space and a garage with alley access for deliveries or secure storage.

Where is this retail space located?

The property is located at 159 N Main Street Martinsville, IN.

What is the asking price?

The asking price for this property is $435,000.

What are key features of this property?

This property features: Commercial building built in 1873 with a retail‑focused layout in downtown Martinsville; 42' x 42' retail area with natural light from large front windows (windows recently replaced); Two office/stockroom spaces located toward the back of the building