Storefront Property with Alley-Access
For Sale
$435,000
159 N Main Street, Martinsville, IN 46151
SINGLE_FAMILY - Martinsville, IN
Property SizeContact for details
Lot Size0.14 Acres
Days on Market485
Property Features for 159 N Main Street
General Information
Property type
Residential
Property subtype
Retail
Zoning
Commercial
Parking features
Garage, Guest, Open, Assigned, Alley
Elementary school
Charles L Smith Fine Arts Academy
Middle school
John R. Wooden Middle School
High school
Martinsville High School
Elementary school district
MSD Martinsville Schools
Middle school district
MSD Martinsville Schools
High school district
MSD Martinsville Schools
Directions
GPS Friendly
Subdivision
5512 - Morgan - Washington
Standard status
Active
APN
550933462005000021
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Lot 6 Blk 19 Orig Plat 44 Ft S Side
Legal Description
Lot 6 Blk 19 Orig Plat 44 Ft S Side
Building Details
Year built
1873
Listing Agency:
Keller Williams Indy Metro Partners · Keller Williams Realty
(765) 342-5500
Listed By:
Michelle Chandler · License #RB14035890
(317) 882-5900
Added: Apr 21, 2025
Changed: Aug 1
Last Checked: Aug 18 at 10:06PM
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.
Investment Insights
Based on property information with market context.
Historic storefront property built in 1873 with a mix of retail, office or stockroom, and flexible upstairs space. The main level features a 42'x42' retail area with natural light through large front windows, plus two versatile office or stockroom spaces toward the back. A 30x21 garage area provides alley access, which can support deliveries or secure storage, and is sized to accommodate a delivery van. The property also includes an upstairs open space that is currently used for storage but can be adapted for office or other uses with its own entrance.
Located on the north side of Main Street in downtown Martinsville, the building benefits from public parking available nearby for customers and staff. Parking is supported by an alley plus guest, open, assigned, and garage parking options, supporting convenient access for both front-of-house and back-of-house activity.
Set on a 0.14-acre lot, this property is designed for business versatility, with configuration that can support retail operations while providing additional enclosed space for office use, inventory, or other flexible layouts.
Located on the north side of Main Street in downtown Martinsville, the building benefits from public parking available nearby for customers and staff. Parking is supported by an alley plus guest, open, assigned, and garage parking options, supporting convenient access for both front-of-house and back-of-house activity.
Set on a 0.14-acre lot, this property is designed for business versatility, with configuration that can support retail operations while providing additional enclosed space for office use, inventory, or other flexible layouts.
Key Highlights
- 42'x42' retail area with large front windows
- 30x21 garage with alley access for deliveries or secure storage
- Two office or stockroom spaces on the main level
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Well-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 - Historic downtown storefront with a large retail area, back office or stock rooms, and an alley-access garage for deliveries or storage.
Where is this storefront property 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: 42'x42' retail area with large front windows; 30x21 garage with alley access for deliveries or secure storage; Two office or stockroom spaces on the main level
