Office Building with Conference
New
For Lease
$2,900/Mo
40 E Walnut Street, Martinsville, IN 46151
Commercial Lease, Martinsville, IN
Space SizeContact for details
Lot Size0.12 Acres
Days on Market6
Property Features for 40 E Walnut Street
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
R2
Parking features
Alley
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
551304140010000021
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 45 Orig Plat S Sw Ex 60 Ft W End
Tax Annual Amount
3894
Legal Description
Lot 45 Orig Plat S Sw Ex 60 Ft W End
Utilities
Utilities
Cable Available
Amenities
parking
kitchen
monitored security
Building Details
Year built
1920
Listing Agency:
RE/MAX 1st Realty · RE/MAX International
(765) 352-1100
Listed By:
Darrell Cecil · License #RB14044419
(317) 979-2229
Added: Oct 28
Last Checked: Nov 2 at 1:06AM
MLS# 22133417
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.
Available for lease, this 1920 office building has a main-level kitchen, conference room, waiting room, greeting area, and bathroom. Three rooms and a full bathroom occupy the upper level, offering additional office or storage space. The property also has monitored security and cable availability.
The 0.12-acre site includes rear parking accessed from an alley. The building has previously served as a law office.
The 0.12-acre site includes rear parking accessed from an alley. The building has previously served as a law office.
Key Highlights
- Main level includes a kitchen, large conference room, waiting room, greeting area, and bathroom
- Three upstairs rooms and a full bathroom; rooms may be used for offices or storage
- Rear parking accessed from an alley
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
609
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - A multi-room layout includes upstairs rooms, a kitchen, a waiting area, and rear parking.
Where is this office building located?
The property is located at 40 E Walnut Street Martinsville, IN.
What is the lease rate?
The lease rate is $2,900/Mo.
What are key features of this property?
This property features: Main level includes a kitchen, large conference room, waiting room, greeting area, and bathroom; Three upstairs rooms and a full bathroom; rooms may be used for offices or storage; Rear parking accessed from an alley
