Flex Space with Shop
For Sale
$675,000
308 N Morrison Street, Morristown, IN 46161
Commercial Sale, Morristown, IN
Property Size10,390 SF
Lot Size0.88 Acres
Price / SF$64.97
Days on Market473
Property Features for 308 N Morrison Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking features
Carport, Garage
Fencing
Gate
Elementary school
Morristown Elementary School
High school
Morristown Jr-Sr High School
Elementary school district
Shelby Eastern Schools
Middle school district
Shelby Eastern Schools
High school district
Shelby Eastern Schools
Directions
GPS Friendly
Subdivision
7303 - Shelby - Hanover
Standard status
Active
APN
730312400012000008
Lot size
0.88 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Pt Spt N2 Se 12 14 7 .88A
Tax Annual Amount
1802
Legal Description
Pt Spt N2 Se 12 14 7 .88A
Utilities
Heating system
Other (Heating), Natural Gas, Space Heater, Forced Air
Cooling system
Window Unit(s)
Amenities
LED lighting
compressed air
surveillance alarm system
forced air gas furnaces
resinor heaters
Building Details
Year built
2007
Floors in Building
2
Roof type
Metal
Listing Agency:
HIGH BARR Real Estate, LLC
Listed By:
Alicia Barr · License #RB14039674
(317) 512-3767
Added: Jul 1, 2025
Changed: Oct 16
Last Checked: Oct 16 at 6:06PM
MLS# 22048299
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 flex property in Morristown includes a 6,400-square-foot shop, an 800-square-foot office, and 3,990 square feet of upper-level storage. The shop is configured for as many as four bays and has multiple overhead doors with openers, 440-volt electric service, compressed air, LED lighting, and a building-wide surveillance alarm system. Main-level living quarters are also present.
Heating combines forced-air gas furnaces with Resnor heaters. The property also includes window-unit cooling, a 26-by-30-foot carport, two 40-foot conex storage units, and two sheds. Commercial zoning and gated fencing round out the site features.
Heating combines forced-air gas furnaces with Resnor heaters. The property also includes window-unit cooling, a 26-by-30-foot carport, two 40-foot conex storage units, and two sheds. Commercial zoning and gated fencing round out the site features.
Key Highlights
- 6,400‑square‑foot shop with 800‑square‑foot office
- 3,990 square feet of upper‑level storage
- Shop layout accommodates up to 4 potential bays
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46161, IN
2,576
Population
974
Households
2.6
Avg Household Size
43
Median Age
19%
College-Educated
92%
High-School Grad
34.3 sq mi
ZIP Area
75
Density / Sq Mi
$70,337
Median Household Income
$38,944
Median Earnings
$959
Median Rent
$206,700
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Commercial zoning, overhead doors, and a mix of shop, office, and storage areas support varied business operations.
Where is this flex space located?
The property is located at 308 N Morrison Street Morristown, IN.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 6,400‑square‑foot shop with 800‑square‑foot office; 3,990 square feet of upper‑level storage; Shop layout accommodates up to 4 potential bays
