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    Martinsville, IN Retail Properties & Spaces for Sale

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    8 properties
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    Walgreens Retail Building
    Updated: Mar 12
    Walgreens Retail Building

    25 Bills Boulevard, Martinsville, IN 46151

    $2,700,000
    14,525 sqft 2.12 AC lot
    14,525 SF Walgreens for sale at 1900 S Ohio Street, Martinsville, IN
    11.43% CAP rate (per listing remarks)
    Central Air and ceramic tile flooring
    Built in 2003
    Located directly off I‑69, about 20 minutes north to Indianapolis and 20 minutes south to Bloomington
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    Multi-Building Flex Industrial Property
    Updated: Jul 15
    Multi-Building Flex Industrial Property

    1819 E Morgan Street, Martinsville, IN 46151

    $1,695,000
    1.23 AC lot
    Multi‑building investment property with 3 buildings on 1.80 +/- acres
    1819 E Morgan Street: built 2023, 4,800 SF garage space with epoxy flooring and 1,285 SF mezzanine with 3 offices and a large conference room
    1819 E Morgan Street features 14' garage doors and 22' ceilings, plus a large enclosed lot with storage rental opportunities
    1809 E Morgan: 0.35 acre lot with graphics retail storefront, reception area, office space, and 12' garage doors with 14' ceilings
    1710 Hospital Road: 0.22 acre lot fully renovated in 2026 with a single bay layout, 10' garage door, and 12' ceilings
    View details
    Historic Retail and Office Building
    Historic Retail and Office Building

    159 N Main Street, Martinsville, IN 46151

    $435,000
    0.14 AC lot

    Updated historic building offers a bright retail area plus office/stock space, garage with alley access, and upstairs flex space.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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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    Visible Commercial Site on Morton
    Visible Commercial Site on Morton

    960 Morton Avenue, Martinsville, IN 46151

    Contact for pricing
    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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    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.

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    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.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Martinsville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 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.

    Multi-Use Landmark with Warehouse
    Multi-Use Landmark with Warehouse

    8300 N Wayport Road, Bloomington, IN 47408

    $799,000
    1.51 AC lot

    Two buildings with showroom and warehouse space plus an on-site apartment, situated on two lots with parking.

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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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    Turnkey Restaurant Building
    Turnkey Restaurant Building

    555 S Indiana Street, Mooresville, IN 46158

    $4,800,000

    Former restaurant space with a fully equipped kitchen and dining area, offered for sale on S Indiana Street.

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    Multi-Building Agricultural Flex Site
    Multi-Building Agricultural Flex Site

    8820 N Old State 37 Road, Bloomington, IN 47408

    $279,900
    4.94 AC lot

    For sale agricultural property with three buildings, offering flexible indoor space for retail, storage, or production uses.

    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

    $625,000
    2.71 AC lot

    2.71-acre B2-zoned commercial parcel on SR39 with highway access for retail-oriented development.

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    1-Acre Commercial Land Lot
    1-Acre Commercial Land Lot

    555 Commercial Boulevard, Martinsville, IN 46151

    $300,000
    1.03 AC lot

    Commercially zoned 1-acre lot in Martinsville suited for a variety of development plans.

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    Commercial Land Tract
    Commercial Land Tract

    905 Plaza Drive, Martinsville, IN 46151

    $1,200,000
    2.06 AC lot

    B2-zoned land offering development flexibility with strong regional visibility from I-69.

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    Mixed-Zoned Land for Development
    Mixed-Zoned Land for Development

    4440 State Road 37 N, Martinsville, IN 46151

    $6,800,000
    29.87 AC lot

    Near the White River with B2 and B3 zoning, plus agricultural zoning on part of the site.

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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.

    6727 State Rd 67th N
    GYM, HEALTH SPA

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

    Value Estimation by Request
    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
    Value Estimation by Request
    4,276 sqft 0.31 AC lot
    View details
    109 Morton Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    109 Morton Ave, Martinsville, IN 46151-2469

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

    56 Morgan St, Martinsville, IN 46151-1517

    Value Estimation by Request
    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
    $800,000
    Estimated value
    34,370 sqft 7.03 AC lot
    View details
    620 Birk Rd
    RESTAURANT

    620 Birk Rd, Martinsville, IN 46151-6534

    Value Estimation by Request
    0.97 AC lot
    View details
    1300 Morgan St
    FINANCIAL BUILDING

    1300 Morgan St, Martinsville, IN 46151

    Value Estimation by Request
    1,961 sqft 0.83 AC lot
    View details
    833 Morgan St
    RETAIL STORES (PERSONAL SERVICES)

    833 Morgan St, Martinsville, IN 46151-1622

    Value Estimation by Request
    1,246 sqft 0.20 AC lot
    View details
    39 Walnut St
    CONVENIENCE STORE

    39 Walnut St, Martinsville, IN 46151-1940

    Value Estimation by Request
    2,516 sqft 0.11 AC lot
    View details
    310 Main St
    AUTO REPAIR, GARAGE

    310 Main St, Martinsville, IN 46151-2102

    Value Estimation by Request
    390 sqft 0.23 AC lot
    View details
    310 Morgan St
    RETAIL STORES (PERSONAL SERVICES)

    310 Morgan St, Martinsville, IN 46151-1547

    Value Estimation by Request
    6,996 sqft 0.43 AC lot
    View details
    89 Home Ave
    RETAIL STORES (PERSONAL SERVICES)

    89 Home Ave, Martinsville, IN 46151-1739

    Value Estimation by Request
    540 sqft 0.07 AC lot
    View details
    789 Morgan St
    RESTAURANT

    789 Morgan St, Martinsville, IN 46151-1643

    Value Estimation by Request
    1,836 sqft 0.20 AC lot
    View details
    675 Southview Dr
    PARKING LOT

    675 Southview Dr, Martinsville, IN 46151-3366

    Value Estimation by Request
    1.09 AC lot
    View details
    180 Main St
    RETAIL STORES (PERSONAL SERVICES)

    180 Main St, Martinsville, IN 46151-1417

    Value Estimation by Request
    12,024 sqft 0.10 AC lot
    View details
    489 Morton Ave
    RETAIL STORES (PERSONAL SERVICES)

    489 Morton Ave, Martinsville, IN 46151-2782

    Value Estimation by Request
    7,653 sqft 0.32 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 8 active listings on our real estate platform. These investment opportunities span a total of 43,580 square feet of properties for sale, with an estimated market value of $5,645,000.

    Sale prices for stores in Martinsville, IN start at $380,000, averaging $1,129,000, 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 7
    Drug stores 3
    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 $882.6K

    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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