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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
    View details
    Multi-Building Flex Property
    Updated: Jul 15
    Multi-Building Flex Property

    1819 E Morgan Street, Martinsville, IN 46151

    $1,695,000
    1.23 AC lot
    Three‑building flex property spanning approximately 1.80 acres
    1819 E Morgan includes 4,800 square feet of garage space and a 1,285‑square‑foot mezzanine
    Three offices and a large conference room are located within the mezzanine
    14‑foot garage doors and 22‑foot ceilings at 1819 E Morgan
    1809 E Morgan offers graphics storefront, reception, office, and work areas
    View details
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    Updated Storefront with Garage
    Updated Storefront with Garage

    159 N Main Street, Martinsville, IN 46151

    $435,000
    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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    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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    Martinsville Walgreens For Sale
    Martinsville Walgreens For Sale

    25 Bills Blvd, Martinsville, IN

    Contact for pricing
    14,525 sqft 2.18 AC lot

    14,525 SF Walgreens located in Martinsville, Indiana for sale.

    View details
    Updated Commercial Building in Downtown
    Updated Commercial Building in Downtown

    159 N Main St, Martinsville, IN 46151

    $435,000
    0.14 AC lot

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

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 12 Active listings in Martinsville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 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.

    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details
    White River Commercial Land
    White River Commercial Land

    4440 State Road 37 N, Martinsville, IN 46151

    $6,800,000
    29.87 AC lot

    Multiple zoning designations and on-site electrical utilities support a range of commercial land uses.

    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
    310 Morgan St
    RETAIL STORES (PERSONAL SERVICES)

    310 Morgan St, Martinsville, IN 46151-1547

    Estimated value:
    $270,000
    6,996 sqft 0.43 AC lot
    View details
    89 Home Ave
    RETAIL STORES (PERSONAL SERVICES)

    89 Home Ave, Martinsville, IN 46151-1739

    Estimated value:
    $160,000
    540 sqft 0.07 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 12 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 $7,739,000.

    Sale prices for stores in Martinsville, IN start at $380,000, averaging $967,375, 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 8
    Drug stores 5
    Auto shops 1
    Automotive properties 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

    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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