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

1819 E Morgan Street, Martinsville, IN 46151

Commercial Sale, Martinsville, IN

Property SizeContact for details
Lot Size1.23 Acres
Days on Market2

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 12330
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
Buildings 3
Listing Agency: CENTURY 21 Scheetz · Century 21 Real Estate
Listed By: Mark Linder
Added: Oct 28 Last Checked: Oct 29 at 2:06AM
MLS# 22132836

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.

Rey
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Investment Insights

Based on property information with market context.

This B2-zoned flex property comprises three buildings on separate lots totaling approximately 1.80 acres. At 1819 E Morgan Street, the main building offers 4,800 square feet of garage space with epoxy flooring, plus a 1,285-square-foot mezzanine containing three offices and a conference room. The garage has 14-foot doors and 22-foot ceilings. A second building at 1809 E Morgan is used as a graphics storefront, with reception and office areas, 12-foot doors and 14-foot ceilings. The third building, at 1710 Hospital Road, was renovated in 2026 and has one bay, a 10-foot door and 12-foot ceilings.

The 1819 E Morgan parcel includes an enclosed lot with potential for storage rentals. The other two sites are identified as offering triple-net leasing opportunities.

Key Highlights

  • Three‑building assemblage on approximately 1.80 acres
  • 1819 E Morgan Street: 4,800 square feet of garage space and a 1,285‑square‑foot mezzanine
  • Mezzanine includes 3 offices and a large conference room

Property Analytics

Who owns this building? See the owner, sales and loan history
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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.

Lease Details

Yes
Fenced yard

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 - The assemblage combines garage and office space with a graphics storefront and a separately renovated single-bay building.
Where is this flex space located?
The property is located at 1819 E Morgan Street Martinsville, IN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Three‑building assemblage on approximately 1.80 acres; 1819 E Morgan Street: 4,800 square feet of garage space and a 1,285‑square‑foot mezzanine; Mezzanine includes 3 offices and a large conference room
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