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Martinsville, IN Retail Properties & Spaces for Sale

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Walgreens Drug Store
Updated: Mar 12
Walgreens Drug Store

25 Bills Boulevard, Martinsville, IN 46151

$2,700,000
14,525 sqft 2.12 AC lot
14,525‑square‑foot Walgreens drug store
2.123‑acre property in Martinsville, IN
Built in 2003
11.43% cap rate
Directly off I‑69
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Three-Building Mixed-Use Property
Updated: Jul 15
Three-Building Mixed-Use Property

1819 E Morgan Street, Martinsville, IN 46151

$1,695,000
1.23 AC lot
Three buildings on approximately 1.80 acres
1819 E Morgan Street: 4,800‑square‑foot garage and 1,285‑square‑foot mezzanine with three offices and a conference room
1819 E Morgan Street lot measures 1.23 acres; enclosed lot offers storage rental opportunities
1809 E Morgan Street: graphics storefront with reception, office, and work areas
1710 Hospital Road: single‑bay building with one 10‑foot garage door; renovated in 2026
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Retail Space
Retail Space

1740 Hospital Drive, Martinsville, IN 46151

$575,000
0.54 AC lot

Commercial property with C 1 zoning and natural gas heating.

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Walgreens Drug Store
Walgreens Drug Store

25 Bills Boulevard, Martinsville, IN 46151

$2,700,000
14,525 sqft

Walgreens-branded drug store with direct access to I-69 and a 2003 construction date.

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Updated Storefront with Garage
Updated Storefront with Garage

159 N Main Street, Martinsville, IN 46151

$399,900
0.14 AC lot

Commercial zoning, alley access, and a separate upper-level open area provide flexible space for business operations.

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Two-Story Auto Shop Building
Two-Story Auto Shop Building

709 Morton Avenue, Martinsville, IN 46151

$380,000
0.20 AC lot

Commercially zoned corner property with garage bays, multiple access points, and a newer asphalt roof.

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Historic Brick Mixed-Use Buildings
Historic Brick Mixed-Use Buildings

124-128 E Morgan St, Martinsville, IN 46151

$569,000
11,922 sqft

Two connected commercial buildings offer adaptable space for retail, office, co-working, and boutique service uses.

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Visible Commercial Site on Morton
Visible Commercial Site on Morton

960 Morton Avenue, Martinsville, IN 46151

$950,000
9,450 sqft

Highly visible commercial site along a heavily traveled corridor.

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Corner Auto Shop Building
Corner Auto Shop Building

709 Morton Ave, Martinsville, IN 46151

$380,000
2,580 sqft

Two-story corner lot auto shop with garage bays and a newer roof, zoned B2 for flexible business use.

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Freestanding Retail/Office Building
Freestanding Retail/Office Building

200 Flag Stone Drive, Martinsville, IN 46151

Contact for pricing
2,500 sqft 0.72 AC lot

Freestanding 2,500 SF building with 15 parking spaces, suited for retail, restaurant, medical, or office use near I-69.

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Historic Martinsville Retail/Office Building
Historic Martinsville Retail/Office Building

128 E Morgan St, Martinsville, IN 46151

Contact for pricing
6,357 sqft

6,357 SF historic building near Courthouse Square.

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Historic Retail/Office Building Opportunity
Historic Retail/Office Building Opportunity

124 E Morgan St, Martinsville, IN 46151

Contact for pricing
5,565 sqft

Downtown Martinsville retail/office building with potential for diverse uses.

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Storefront Retail Property
Storefront Retail Property

1740 Hospital Drive, Martinsville, IN 46151

$575,000

Existing storefront suited to retail sales or hair salon use.

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Updated Commercial Building in Downtown
Updated Commercial Building in Downtown

159 N Main St, Martinsville, IN 46151

$399,900
0.14 AC lot

Historic building with retail, office, and potential residential space.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 14 Active listings in Martinsville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 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.

Block Auto Shop Building
Block Auto Shop Building

10033 N Old State Road 67, Mooresville, IN 46158

$299,000
3,092 sqft

Vacant, one-level commercial building with overhead access, ceiling clearance, and existing heating equipment.

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Gas Station Property with Acreage
Gas Station Property with Acreage

7340 N Wayport Road, Bloomington, IN 47408

$295,000
4,942 sqft 2.64 AC lot

Former gas station with LB zoning, a paved lot, and documented removal of underground fuel tanks.

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Retail Property Near Shopping Center
Retail Property Near Shopping Center

437 S Indiana St, Mooresville, IN

Contact for pricing
5,000 sqft 0.83 AC lot

Retail property with excellent visibility near a shopping center.

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Gas Station Property with Building
Gas Station Property with Building

7340 N Wayport Road, Bloomington, IN 47408

$295,000
2.64 AC lot

LB zoning, central air, tile flooring, and a rubber roof define the existing commercial property.

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.

Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

665 Morton Avenue, Martinsville, IN 46151

$500,000
2.71 AC lot

B2-zoned parcel with access to I-69 and SR67.

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Commercial Land with Public Sewer
Commercial Land with Public Sewer

555 Commercial Boulevard, Martinsville, IN 46151

$300,000
1.03 AC lot

Commercially zoned land with public sewer near established shopping, residences, and restaurants.

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Commercial Land Parcel
Commercial Land Parcel

905 Plaza Drive, Martinsville, IN 46151

$1,200,000
2.06 AC lot

B2-zoned tract with visibility from I69 and cable availability.

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Commercial Land Development Site
Commercial Land Development Site

9377 S STATE ROAD 39, Mooresville, IN 46158

$3,400,000
9.34 AC lot

Commercial land parcel with public sewer service in Mooresville, Indiana.

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.

6727 State Rd 67th N
GYM, HEALTH SPA

6727 State Rd 67th N, Martinsville, IN 46151-8982

Estimated value:
$255,000
9,096 sqft 9.45 AC lot
View details
605 Morton Ave, Unit 607
SHOPPING CENTER, STRIP CENTER

605 Morton Ave, Martinsville, IN 46151-2756

Unit 607
Estimated value:
$265,000
4,276 sqft 0.31 AC lot
View details
109 Morton Ave
WHOLESALE OUTLET, DISCOUNT STORE

109 Morton Ave, Martinsville, IN 46151-2469

Estimated value:
$800,000
12,717 sqft 1.18 AC lot
View details
56 Morgan St
RESTAURANT

56 Morgan St, Martinsville, IN 46151-1517

Estimated value:
$95,000
1,389 sqft 0.05 AC lot
View details
175 Morton Ave, Unit 285
SHOPPING CENTER, STRIP CENTER

175 Morton Ave, Martinsville, IN 46151-2469

Unit 285
Estimated value:
$700,000
34,370 sqft 7.03 AC lot
View details
620 Birk Rd
RESTAURANT

620 Birk Rd, Martinsville, IN 46151-6534

Estimated value:
$435,000
0.97 AC lot
View details
1300 Morgan St
FINANCIAL BUILDING

1300 Morgan St, Martinsville, IN 46151

Estimated value:
$260,000
1,961 sqft 0.83 AC lot
View details
833 Morgan St
RETAIL STORES (PERSONAL SERVICES)

833 Morgan St, Martinsville, IN 46151-1622

Estimated value:
$275,000
1,246 sqft 0.20 AC lot
View details
39 Walnut St
CONVENIENCE STORE

39 Walnut St, Martinsville, IN 46151-1940

Estimated value:
$320,000
2,516 sqft 0.11 AC lot
View details
310 Main St
AUTO REPAIR, GARAGE

310 Main St, Martinsville, IN 46151-2102

Estimated value:
$255,000
390 sqft 0.23 AC lot
View details

Martinsville, IN Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Martinsville, IN, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 67,424 square feet of properties for sale, with an estimated market value of $11,323,800.

Sale prices for stores in Martinsville, IN start at $380,000, averaging $1,029,436, and reaching up to $2,700,000 — 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

Storefront properties 10
Drug stores 4
Auto shops 2
Automotive properties 2
Shopping centers 1

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 $1M

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

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