Retail
New
For Sale
$575,000
1740 Hospital Drive, Martinsville, IN 46151
Commercial Sale, Martinsville, IN
Property SizeContact for details
Lot Size0.54 Acres
Days on Market4
Property Features for 1740 Hospital Drive
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
C 1
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
550934465003000021
Lot size
0.54 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 14 C & F Commercial Area
Tax Annual Amount
2678
Legal Description
Lot 14 C & F Commercial Area
Utilities
Heating system
Natural Gas
Building Details
Year built
1965
Listing Agency:
Jennings Real Estate, LLC
Listed By:
Julie Jennings
(317) 691-2900
Added: Sep 9
Changed: Sep 12
Last Checked: Sep 11 at 11:06PM
MLS# 22125734
Copyright © 2026 Broker Listing Cooperative®. 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.
This retail-oriented commercial property at 1740 Hospital Drive in Martinsville, Indiana, sits on 0.54 acres and was built in 1965. The property is zoned C 1 and has natural gas heating. Prior occupancy included merchandise retail and salon services, providing a documented commercial use history for the site.
Located in Morgan County and identified by ZIP Code 46151, the property offers a retail space configuration within the Martinsville market. The source information does not provide building square footage or additional site improvements.
Located in Morgan County and identified by ZIP Code 46151, the property offers a retail space configuration within the Martinsville market. The source information does not provide building square footage or additional site improvements.
Key Highlights
- 0.54‑acre commercial property at 1740 Hospital Drive
- C 1 zoning
- Built in 1965
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Commercial property with C 1 zoning and natural gas heating.
Where is this retail space 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: 0.54‑acre commercial property at 1740 Hospital Drive; C 1 zoning; Built in 1965
