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Monrovia, IN Office Buildings for Sale

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Multi-Building Office Conversion Property
Updated: Apr 11
Multi-Building Office Conversion Property

205 N Chestnut Street, Monrovia, IN 46157

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2.00 AC lot
Multi‑use property on 2 acres along the State Road 39 corridor in Monrovia
Main building plus multiple barns, offering space that can be converted into office or rental use
Includes multiple barn buildings that can be used as part of office or rental conversion plans
Property includes a large outdoor area to support future building plans
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Monrovia, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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 and Development Land
Office Building and Development Land

8834 & 8844 W Washington Street, Indianapolis, IN 46231

$329,000
0.35 AC lot

Property includes two vacant parcels and an existing office building with private offices, conference room, and storage space.

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Office Building with Major Road Access
Office Building with Major Road Access

5905 Decatur Blvd., Indianapolis, IN 46241

Contact for pricing
30,090 sqft

Office building in Ameriplex Business Park with convenient access to I-70, I-465, and the Indianapolis International Airport.

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Brick Office Building with Parking
Brick Office Building with Parking

1209 E Morgan Street, Martinsville, IN 46151

$369,797
0.40 AC lot

Former Farm Credit building offers private offices, open flex space, and paved parking with multiple entrances and exits.

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Former Farm Credit Building For Sale
Former Farm Credit Building For Sale

1209 E Morgan St, Martinsville, IN 46151

$369,797
0.40 AC lot

Brick building with flexible layout, offices, and expansion potential.

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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.

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 Commercial Development Land
Zoned Commercial Development Land

Wysscraft Lane, Martinsville, IN 46151

$5,800,000
10.00 AC lot

Multi-zoned 10-acre commercial parcel with electrical service on site and county TIF incentives available for development.

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Commercial Land Zoned C-3
Commercial Land Zoned C-3

S State Road, Bargersville, IN 46106

$750,000
2.03 AC lot

Two-acre commercial parcel in Bargersville with utilities on site and zoning C-3 allowing one building.

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Corner Commercial Land Site
Corner Commercial Land Site

1401 S Meridian Street, Indianapolis, IN 46225

$74,000
0.12 AC lot

Corner lot with full frontage on two city streets and utilities available, positioned for a broad range of commercial uses.

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Monrovia, IN Office Buildings Market Trends and Statistics

Explore 1 office buildings for sale in Monrovia, IN on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office buildings 1
Office Units 1

Demographics Overview

Population 4,370
Population Growth (5Y) +8.0%
Median Household Income $74,286
College Educated 26.1%

Taxes & Financing

Tax Rate (average for all types) 1.20%
Property Tax per SF $21.03 per SF
Tax Rate vs County Average 0.08 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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