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Three-Building Flex Property
For Sale
$1,500,000

1819 E Morgan St, Martinsville, IN 46151

A three-building assemblage pairs garage and office areas with an existing graphics storefront and enclosed storage lot.

Property Size10,777 SF
Price / SF$139.19
Days on Market9

Property Features for 1819 E Morgan St

General Information

Standard status Active
Size 10,777 SF
Property subtype Commercial

Building Details

Year Built 2020
Listing Agency: CENTURY 21 Scheetz
Listed By: Mark Linder () · License #RB14044403
Source: Fortwayneareahomesforsale
Added: Oct 25 Changed: Nov 1 Last Checked: Nov 1 at 3:08PM

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 CENTURY 21 Scheetz

Rey
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Investment Insights

Based on property information with market context.

The Martinsville offering brings together three buildings on approximately 1.80 acres. At 1819 E Morgan Street, the garage includes 4,800 square feet of space with epoxy flooring, 14-foot doors, and 22-foot ceilings. A 1,285-square-foot mezzanine adds three offices and a conference room. The 1809 E Morgan Street building currently serves as a graphics storefront, with reception and office areas, 12-foot doors, and 14-foot ceilings. At 1710 Hospital Road, a single-bay building was renovated in 2026 and has a 10-foot door and 12-foot ceilings.

The parcels comprise 1.23 acres at 1819 E Morgan Street, 0.35 acre at 1809 E Morgan Street, and 0.22 acre at 1710 Hospital Road. The 1819 E Morgan Street site also has an enclosed lot with storage rental potential. The remarks identify NNN opportunities at the other two sites, alongside the option to occupy a building while leasing the others.

Key Highlights

  • Three buildings across approximately 1.80 acres in Martinsville
  • 1819 E Morgan Street: 4,800‑square‑foot garage, 1,285‑square‑foot mezzanine, 14' doors, and 22' ceilings
  • Mezzanine at 1819 E Morgan Street has 3 offices and a conference room

Property Analytics

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Current Use

Flex space

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
Under-served
Demand for This Use

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
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - A three-building assemblage pairs garage and office areas with an existing graphics storefront and enclosed storage lot.
Where is this flex space located?
The property is located at 1819 E Morgan St Martinsville, IN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Three buildings across approximately 1.80 acres in Martinsville; 1819 E Morgan Street: 4,800‑square‑foot garage, 1,285‑square‑foot mezzanine, 14' doors, and 22' ceilings; Mezzanine at 1819 E Morgan Street has 3 offices and a conference room
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