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Storefront Retail Property
New
For Sale
$575,000

1740 Hospital Drive, Martinsville, IN 46151

Existing storefront suited to retail sales or hair salon use.

Property SizeContact for details
Days on Market6

Property Features for 1740 Hospital Drive

General Information

Standard status Active
Property subtype Commercial
Zoning C 1

Building Details

Year Built 1965
Listing Agency: Bif Ward Real Estate Group
Listed By: Bif Ward
Source: Bifward
Added: Sep 13 Last Checked: Sep 18 at 3:52AM

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 Bif Ward Real Estate Group

Investment Insights

Based on property information with market context.

This storefront property was built in 1965 and has supported both retail sales and hair salon operations. Its commercial configuration provides a straightforward setting for continued retail or salon use.

Located at 1740 Hospital Drive in Martinsville, Indiana, the property offers an established address for a commercial operator.

Key Highlights

  • Previously used for retail sales
  • Previously operated as a hair salon
  • Built in 1965

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Auto Repair Shop Building Supply Restaurant 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

254
Businesses Nearby
13k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 76% Groceries 24%
Marathon Petroleum Shops & Services
10,047 visits/mo 0.1 miles
Big Red Liquors Groceries
3,191 visits/mo 0.3 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Existing storefront suited to retail sales or hair salon use.
Where is this storefront property located?
The property is located at 1740 Hospital Drive Martinsville, IN.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Previously used for retail sales; Previously operated as a hair salon; Built in 1965
More about this property
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