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    Walgreens Retail Building Title is generated by Realmo AI

    25 Bills Boulevard, Martinsville, IN 46151

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    Claim this Listing
    For Sale
    $2,700,000

    MULTI_FAMILY - Martinsville, IN

    Property size:
    14,525 SF
    Lot size:
    2.12 Acres
    Price / SF:
    $185/SF
    Added:
    Mar 12, 2026
    Days on Market:
    115
    Last Refresh:
    Jul 4 at 6:06 am

    Property Features for 25 Bills Boulevard

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    20
    Standard status
    Active
    APN
    55-13-09-255-002.000-021
    Size
    14,525 SF
    Lot size
    2.12 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    S9 T11 R1E W NE 2.134 A LOT 1 WALGREENS MINOR PLAT

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2003
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Tile - Ceramic
    Architectural style
    Other

    We can help!

    Contact an agent
    Chris Cockerham
    Chris Cockerham

    Listing agent Chris Cockerham License #RB14027897

    Listing office FC Tucker/Bloomington REALTORS 487 S Clarizz Blvd, Bloomington, IN

    Listing date Mar 12, 2026

    MLS# 202608061

    Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 14,525 SF Walgreens for sale at 1900 S Ohio Street, Martinsville, IN
    • 11.43% CAP rate (per listing remarks)
    • Central Air and ceramic tile flooring
    • Built in 2003
    • Located directly off I‑69, about 20 minutes north to Indianapolis and 20 minutes south to Bloomington
    • In an Opportunity Zone (per listing remarks)

    Overview

    This offering features a single-tenant Walgreens drug store totaling 14,525 square feet on a 2.123-acre lot. The property is presented for sale as an operating retail asset.

    The site is located directly off I-69 in Martinsville, Indiana, with the public remarks noting approximately 20 minutes north to Indianapolis and 20 minutes south to Bloomington. The property is offered as part of the Opportunity Zone designation.

    For buyers evaluating a stable, net-lease-style retail option, this Walgreens provides a straightforward single-tenant configuration. The seller is offering the property at a stated 11.43% cap rate, and the Opportunity Zone status may be relevant for investors considering that structure for potential tax-related benefits. The asset’s location along I-69 also supports convenient regional access for day-to-day retail operations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

    Real Estate Agency Law Firm Big Box & Wholesale Store Hotel & Motel Kitchen & Bath Showroom Accounting Firm Restaurant Bar & Pub Cafe & Coffee Shop Parking Lot & Garage

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Walgreens Pharmacy — 25 Bill's Blvd, Martinsville, IN 46151
    • Terry Vanwinkle — 1900 S Ohio St, Martinsville, IN 461513322
    • Chasity Anderson — 1900 S Ohio St, Martinsville, IN 461513322
    • COVID-19 Drive-Thru Testing at Walgreens — 1900 S Ohio St, Martinsville, IN 46151
    • Kathryn Resler — 1900 S Ohio St, Martinsville, IN 461513322

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.424843
    Latitude
    39.408695

    FAQs

    What type of property is this?
    Drug store - Single-tenant Walgreens retail building directly off I-69, located in an Opportunity Zone.
    Where is this drug store located?
    The property is located at 25 Bills Boulevard Martinsville, IN.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: 14,525 SF Walgreens for sale at 1900 S Ohio Street, Martinsville, IN; 11.43% CAP rate (per listing remarks); Central Air and ceramic tile flooring
    More about this property
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