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Freestanding Retail/Office Building
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200 Flag Stone Drive, Martinsville, IN 46151

Freestanding 2,500 SF building with 15 parking spaces, suited for retail, restaurant, medical, or office use near I-69.

Property Size2,500 SF
Lot Size0.72 Acres
Days on Market51

Property Features for 200 Flag Stone Drive

General Information

Standard status Active
Size 2,500 SF
Total Parking Spaces 15
Lot size 0.72 Acres
Property subtype Retail, Office, Hospitality

Additional Details

Highway Access Yes

Building Details

Year Renovated 2026
Listing Agency: Veritas Realty
Listed By: Jamison Downs · License #IN RB14049042
Source: Crexi
Added: Jun 16 Changed: Jul 10 Last Checked: Aug 4 at 2:44PM

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 Veritas Realty

Investment Insights

Based on property information with market context.

This freestanding commercial building offers approximately 2,500 SF of indoor space on 0.72 acres, with 15 parking spaces currently on site. The property was recently renovated under new ownership, with extensive improvements completed in summer 2026. The layout supports flexible tenant use, making the building a practical option for multiple service and commercial categories.

The property is positioned for high drive-by visibility along I-69, with frontage and premier exposure to I-69 and Grand Valley Boulevard. The combination of highway visibility and on-site parking is useful for businesses that benefit from customer access and clear wayfinding.

The building is presented for lease or sale and is described as suitable for retail, restaurant, medical, or office users. With newly completed renovations and the ability to expand parking, it can accommodate a range of operating needs where access and visibility matter.

Key Highlights

  • 2,500 SF freestanding building on 0.72‑acre lot available for lease or sale in Martinsville, Indiana
  • 15 parking spaces included with room to add more
  • Extensive property renovations completed by new ownership in summer 2026

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Hair Salon Big Box & Wholesale Store Auto Repair Shop Restaurant Real Estate Agency

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
Highway access

Location Intelligence

Trade Area within ½ mile

189
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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Freestanding 2,500 SF building with 15 parking spaces, suited for retail, restaurant, medical, or office use near I-69.
Where is this retail space located?
The property is located at 200 Flag Stone Drive Martinsville, IN.
What are key features of this property?
This property features: 2,500 SF freestanding building on 0.72‑acre lot available for lease or sale in Martinsville, Indiana; 15 parking spaces included with room to add more; Extensive property renovations completed by new ownership in summer 2026
(317) 472-1800 Call to check price and availability
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