Mixed-Use

Martinsville, IN Mixed-use Properties for Sale

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Historic Brick Mixed-Use Buildings
Updated: Jul 21
Historic Brick Mixed-Use Buildings

124-128 E Morgan St, Martinsville, IN 46151

$569,000
11,922 sqft
Two adjoining brick commercial buildings totaling 11922 SF
Built in 1900 within Martinsville's historic downtown square
Flexible space for retail, office, co‑working, and boutique service uses
Second‑floor areas available for future buildout or reconfiguration
Brand‑new GAF Diamond roof installed in 2025
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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Martinsville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

Mixed-Use Property with Three Dwellings
Mixed-Use Property with Three Dwellings

1015 W Gourley Pike, Bloomington, IN 47404

$250,000
800 sqft 0.78 AC lot

Mixed-use zoning accompanies three existing dwellings near Indiana University.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

515 S Woodscrest Drive, Bloomington, IN 47401

$995,000
0.12 AC lot

Brick commercial building with office accommodations, a private upstairs apartment, basement storage, and a rear deck.

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Commercial Land Development Site
Commercial Land Development Site

3800 N State Road 135, Franklin, IN 46131

$2,750,000

Commercial land with nearby utility availability and surrounding residential and commercial development.

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22 Acre Mixed-Use Development
22 Acre Mixed-Use Development

512 S U.S. 31, Franklin, IN 46131

Contact for pricing
22.00 AC lot

22-acre mixed-use development opportunity on US 31 in Franklin, IN.

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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.

Commercial Land with Dual Avenue Frontage
Commercial Land with Dual Avenue Frontage

542 S Walnut Street, Bloomington, IN 47401

$1,200,000
0.66 AC lot

0.66-acre downtown parcel zoned Mixed Use Downtown with 100 feet on Walnut and 100 feet on College Avenue.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

6516 N Us Highway 31, Whiteland, IN 46184

$695,000
5.55 AC lot

SR-zoned commercial land with an existing curb cut and on-site gas and electric.

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Commercial Development Land Package
Commercial Development Land Package

4460 Mann Road, Indianapolis, IN 46221

$279,000
3.45 AC lot

Packaged two-parcel site totaling 3.45 acres with C-3 and D6II zoning and flat topography near I-465 connectivity.

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Mixed-Use Corridor Development Land
Mixed-Use Corridor Development Land

2900 Block S Walnut Street, Bloomington, IN 47401

$595,000
4.47 AC lot

Installed roads, water, sewer, and stormwater systems support future commercial or residential development.

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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.

9-13 Jefferson St
Mixed-use properties

9-13 Jefferson St, Martinsville, IN 46151

Value Estimation by Request
19,150 sqft 0.17 AC lot
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658 R 67
Individual retail properties

658 R 67, Martinsville, IN 46151

Value Estimation by Request
3,116 sqft 2.73 AC lot
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658 Sr 67
Mixed-use properties

658 Sr 67, Martinsville, IN 46151

Value Estimation by Request
3,116 sqft 2.73 AC lot
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290 Washington St
Mixed-use properties

290 Washington St, Martinsville, IN 46151

Value Estimation by Request
0.16 AC lot
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Martinsville, IN Mixed-Use Properties Market Trends and Statistics

Explore 5 mixed-use properties for sale in Martinsville, IN on our real estate platform. These investment opportunities span a total of 11,922 square feet of properties for sale, with an estimated market value of $569,000.

Sale prices for multi use buildings in Martinsville, IN average $569,000 — 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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Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Martinsville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46151 $569K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Morgan County

Retail

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