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    Martinsville, IN
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    Martinsville, IN Medical Office Space for Sale

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    Flex Space with Office and Manufacturing
    Updated: Jan 21
    Flex Space with Office and Manufacturing

    400 E Mahalasville Dr, Martinsville, IN

    $850,000
    5,000 sqft 1.00 AC lot
    1‑acre commercial/industrial property on the south end of Martinsville in Hikes Point
    Versatile 5,000 SF building with 2,500 SF office or medical‑ready space and 2,500 SF open manufacturing area
    Office/medical‑ready area includes tall floor‑to‑ceiling windows and bright southern exposure
    Open manufacturing area is equipped with 3‑phase power
    Estimated 32,000+ vehicles daily traffic counts and high‑visibility location
    View details
    Freestanding Retail/Office Building
    Updated: Jun 16
    Freestanding Retail/Office Building

    200 Flag Stone Drive, Martinsville, IN 46151

    Contact for pricing
    2,500 sqft 0.72 AC lot
    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
    Suited for retail, restaurant, medical, or office use
    Premier visibility to I‑69 and Grand Valley Boulevard
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 2 Active listings in Martinsville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 18 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Office Building with Private Parking
    Office Building with Private Parking

    807 N College Avenue, Bloomington, IN 47404

    $899,900
    0.17 AC lot

    Well-located office building with private parking and central air, built in 1994.

    View details
    Three-Story Brick Office Building
    Three-Story Brick Office Building

    1720 N Kinser Pike, Bloomington, IN 47404

    Contact for pricing
    21,840 sqft

    Well-maintained three-story brick office building with elevator access, private parking, and flexible layouts with private and collaborative spaces.

    View details
    Brick Office Building with Multiple Suites
    Brick Office Building with Multiple Suites

    5229-5239 E S R 144, Mooresville, IN 46158

    $750,000
    0.33 AC lot

    Well-maintained office building with multiple suites, spacious foyers, and ample parking for professional offices or medical practices.

    View details
    Brick Office Building with Multiple Suites
    Brick Office Building with Multiple Suites

    5229-5239 E S R 144, Mooresville, IN 46158

    $750,000
    0.33 AC lot

    Multiple office suites with updated interiors, brick exterior, and ample parking with direct client access.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Zoned Highway Business Development Land
    Zoned Highway Business Development Land

    9377 S STATE ROAD 39, Mooresville, IN 46158

    $3,400,000
    9.34 AC lot

    9.34-acre commercial parcel zoned Highway Business (HB) for flexible, retail- and service-oriented development in Mooresville.

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    Zoned B-2 Commercial Infill Lot
    Zoned B-2 Commercial Infill Lot

    Weston Pointe Drive, Carmel, IN 46032

    $799,900
    1.00 AC lot

    Commercial lot zoned B-2 with shared parking agreement providing up to 90+ spaces.

    View details
    Vacant Corner Commercial Lot
    Vacant Corner Commercial Lot

    7121 Highway 311 lot: 3, Sellersburg, IN 47172

    $495,000
    1.35 AC lot

    Vacant commercial lot zoned B-1 with public water and convenient access to I-65 in a highly visible Sellersburg area.

    View details
    Commercial Land on State Street
    Commercial Land on State Street

    2005 STATE ST, New Albany, IN 47150

    Contact for pricing
    1 sqft 1.00 AC lot

    Vacant land in high-traffic area, ideal for development.

    View details

    Off-Market Properties in Martinsville, IN

    Consider similar Off-Market properties in Martinsville, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    35 Bills Blvd, Unit 49
    MEDICAL BUILDING

    35 Bills Blvd, Martinsville, IN 46151-3354

    Unit 49
    Value Estimation by Request
    11,086 sqft 1.79 AC lot
    View details
    9351 State Rd 144
    MEDICAL BUILDING

    9351 State Rd 144, Martinsville, IN 46151-5848

    Value Estimation by Request
    2,626 sqft 0.94 AC lot
    View details
    1030 Morgan St
    MEDICAL BUILDING

    1030 Morgan St, Martinsville, IN 46151-1743

    Value Estimation by Request
    1,632 sqft 0.20 AC lot
    View details
    2084 Hospital Dr
    MEDICAL BUILDING

    2084 Hospital Dr, Martinsville, IN 46151-1805

    $585,000
    Estimated value
    6,500 sqft 1.58 AC lot
    View details
    293 Grand Vly Blvd
    MEDICAL BUILDING

    293 Grand Vly Blvd, Martinsville, IN 46151-6910

    Value Estimation by Request
    3,726 sqft 0.96 AC lot
    View details
    690 Morgan St
    MEDICAL BUILDING

    690 Morgan St, Martinsville, IN 46151-1640

    Value Estimation by Request
    1,886 sqft 0.11 AC lot
    View details
    2200 John R Wooden Dr
    MEDICAL BUILDING

    2200 John R Wooden Dr, Martinsville, IN 46151-1863

    $600,000
    Estimated value
    20,088 sqft 1.96 AC lot
    View details
    504 Grand Vly Blvd
    MEDICAL BUILDING

    504 Grand Vly Blvd, Martinsville, IN 46151-5883

    $2,010,000
    Estimated value
    35,704 sqft 9.26 AC lot
    View details
    630 Birk Rd
    MEDICAL BUILDING

    630 Birk Rd, Martinsville, IN 46151-6534

    Value Estimation by Request
    3,570 sqft 0.75 AC lot
    View details
    1609 Burton Ln
    MEDICAL BUILDING

    1609 Burton Ln, Martinsville, IN 46151-3004

    Value Estimation by Request
    1,026 sqft 0.25 AC lot
    View details
    392 Main St
    MEDICAL BUILDING

    392 Main St, Martinsville, IN 46151-2102

    Value Estimation by Request
    4,954 sqft 0.28 AC lot
    View details
    1690 Ohio St
    MEDICAL BUILDING

    1690 Ohio St, Martinsville, IN 46151-3317

    Value Estimation by Request
    4,138 sqft 0.93 AC lot
    View details
    952 Main St
    MEDICAL BUILDING

    952 Main St, Martinsville, IN 46151-2434

    $630,000
    Estimated value
    11,272 sqft 3.31 AC lot
    View details
    2209 John R Wooden Dr
    MEDICAL BUILDING

    2209 John R Wooden Dr, Martinsville, IN 46151-1840

    $5,120,000
    Estimated value
    165,182 sqft 11.70 AC lot
    View details
    720 Morton Ave
    MEDICAL BUILDING

    720 Morton Ave, Martinsville, IN 46151-3023

    Value Estimation by Request
    2,208 sqft 0.50 AC lot
    View details
    219 Washington St
    MEDICAL BUILDING

    219 Washington St, Martinsville, IN 46151-1554

    Value Estimation by Request
    7,264 sqft 0.11 AC lot
    View details
    509 State Rd 39th S Byp
    MEDICAL BUILDING

    509 State Rd 39th S Byp, Martinsville, IN 46151-1972

    Value Estimation by Request
    1,500 sqft 0.40 AC lot
    View details
    829 Plz Dr
    MEDICAL BUILDING

    829 Plz Dr, Martinsville, IN 46151-3236

    Value Estimation by Request
    5,561 sqft 0.84 AC lot
    View details

    Martinsville, IN Medical Office Space Market Trends and Statistics

    Explore 20 medical office space for sale in Martinsville, IN on our real estate platform. These investment opportunities span a total of 7,500 square feet of properties for sale, with an estimated market value of $850,000.

    Sale prices for medical spaces in Martinsville, IN average $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office buildings 8
    Office Units 8
    Medical Office Space 2
    Coworking space 1

    Demographics Overview

    Population 32K
    Population Growth (5Y) +1.7%
    Median Household Income $77,724
    College Educated 26.4%

    Taxes & Financing

    Tax Rate (average for all types) 1.52%
    Property Tax per SF $25.34 per SF
    Tax Rate vs County Average 0.40 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morgan County

    New Delisted

    Total CRE Inventory on Market (SF)

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