Mixed-Use Event
532 N Kristi Road, Martinsville, IN 46151
For Sale
$1,850,000
Two buildings combine event, assembly, food-service, and meeting facilities with outdoor gathering areas.
Property Size13,500 SF
Price / SF$137.04
Days on Market43
Property Features for 532 N Kristi Road
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Highway Access
Road Access
Amenities
professional dance floor with integrated premium sound system
banquet and reception hall with elegant finishes, chandeliers, and upscale lighting
hardwood flooring
stage and performance area
professional AV infrastructure
bar and beverage service area
commercial kitchen
bridal suite and groom's suite
multiple private meeting rooms, classrooms, and offices
spacious lobby and reception area
outdoor ceremony space
covered pavilion/patio
attractive landscaping
Building Details
Year Built
Year Renovated
Buildings
Listing Agency:
Daniels Real Estate
Listed By:
Sean Daniels
(317) 371-0060
Source:
Locksteprealty
Added: Sep 28
Changed: Nov 9
Last Checked: Nov 8 at 2:57PM
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 Daniels Real Estate
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Investment Insights
Based on property information with market context.
This mixed-use event property comprises two buildings with 13,500 square feet in total. Built in 1966 and renovated in 2025, the campus includes a banquet hall, stage, professional dance floor with integrated sound, AV infrastructure, and a bar. A commercial kitchen supports food preparation, while bridal and groom suites, meeting rooms, classrooms, offices, a lobby, and restrooms provide additional functional space. Furniture, banquet tables, chairs, décor, and fixtures are included. Outdoor features include a ceremony area and a covered pavilion or patio.
The property is directly off I-69 Exit 140. Bloomington and Indiana University are approximately 25 miles away, with a stated drive time of about 25–30 minutes. Indianapolis International Airport is approximately 28 miles away, or about 44 minutes by car. The site has 52 paved parking spaces.
The property is directly off I-69 Exit 140. Bloomington and Indiana University are approximately 25 miles away, with a stated drive time of about 25–30 minutes. Indianapolis International Airport is approximately 28 miles away, or about 44 minutes by car. The site has 52 paved parking spaces.
Key Highlights
- Two buildings totaling 13,500 SF
- Renovated in 2025; originally built in 1966
- Banquet hall, stage, commercial kitchen, bar, and professional AV infrastructure
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
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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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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two buildings combine event, assembly, food-service, and meeting facilities with outdoor gathering areas.
Where is this mixed-use property located?
The property is located at 532 N Kristi Road Martinsville, IN.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Two buildings totaling 13,500 SF; Renovated in 2025; originally built in 1966; Banquet hall, stage, commercial kitchen, bar, and professional AV infrastructure
