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Three-Building Mixed-Use Property
For Sale
$1,695,000

1819 E Morgan Street, Martinsville, IN 46151

Commercial Sale, Martinsville, IN

Property SizeContact for details
Lot Size1.23 Acres
Days on Market95

Property Features for 1819 E Morgan Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning B2
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 550934465004000021
Lot size 1.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 11 C & F Commercial Area Lot 10 C & F Commercial Area Lot 9 C & F Commercial Area
Tax Annual Amount 20490
Legal Description Lot 11 C & F Commercial Area Lot 10 C & F Commercial Area Lot 9 C & F Commercial Area

Building Details

Year built 2020
Floors in Building 1
Listing Agency: CENTURY 21 Scheetz · Century 21 Real Estate
Listed By: Mark Linder · License #RB14044403
Added: Jul 15 Changed: Oct 16 Last Checked: Oct 17 at 11:06AM
MLS# 22112699

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.

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Investment Insights

Based on property information with market context.

This B2-zoned property brings together three buildings on approximately 1.80 acres. At 1819 E Morgan Street, the garage area measures 4,800 square feet, with 14-foot doors and 22-foot ceilings. A 1,285-square-foot mezzanine contains three offices and a conference room. The 1809 E Morgan Street building has a reception area, office space, a work area, 12-foot garage doors, and 14-foot ceilings; it is used as a graphics storefront. At 1710 Hospital Road, a single-bay building has one 10-foot garage door and 12-foot ceilings and was renovated in 2026.

The 1819 E Morgan Street site includes a 1.23-acre lot and an enclosed area used for storage. The 1809 E Morgan Street and 1710 Hospital Road lots measure 0.35 and 0.22 acres, respectively. The three-building configuration combines garage, office, storefront, and single-bay space across the listed addresses.

Key Highlights

  • Three buildings on approximately 1.80 acres
  • 1819 E Morgan Street: 4,800‑square‑foot garage and 1,285‑square‑foot mezzanine with three offices and a conference room
  • 1819 E Morgan Street lot measures 1.23 acres; enclosed lot offers storage rental opportunities

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

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?
Mixed-use property - B2-zoned portfolio combines garage, office, retail storefront, and single-bay building space.
Where is this mixed-use property located?
The property is located at 1819 E Morgan Street Martinsville, IN.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Three buildings on approximately 1.80 acres; 1819 E Morgan Street: 4,800‑square‑foot garage and 1,285‑square‑foot mezzanine with three offices and a conference room; 1819 E Morgan Street lot measures 1.23 acres; enclosed lot offers storage rental opportunities
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