Retail

Martinsville, IN Retail Properties & Spaces for Lease

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Freestanding Retail Space
Updated: Jun 16
Freestanding Retail Space

25 Bills Boulevard, Martinsville, IN 46151

$12 SF/Yr
2.13 AC lot
Former Walgreens retail building on 2.13 acres
Freestanding commercial building constructed in 2003
Private on‑site parking
Central air conditioning and ceramic tile flooring
Rubber roof
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Retail Space with Highway Visibility
Updated: Aug 24
Retail Space with Highway Visibility

200 Flagstone Dr, Martinsville, IN 46151

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2,500 sqft
2,500 SF retail building with 15 parking spaces and room to add more
Extensive property renovations completed by new ownership in summer 2026
I‑69 visibility with 38,398 VPD and Grand Valley Blvd. traffic of 6,052 VPD
Connectivity to two different I‑69 interchanges
Anchored by Walmart Supercenter and surrounded by major retailers and restaurants
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Retail Space with Flexible Layout
Retail Space with Flexible Layout

35-49 Bills Blvd, Martinsville, IN

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1,558 sqft 1.80 AC lot

Modern retail property with ample parking and high visibility.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 3 Active listings in Martinsville, IN, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 12 Properties for Sales.

Retail properties & Spaces for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Main-Level Retail Space
Main-Level Retail Space

528-546 S College Ave, Bloomington, IN 47403

Contact for pricing
967 sqft

Configured with salon improvements and adaptable for retail or office use.

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Retail Space with Hood Vent
Retail Space with Hood Vent

531 N Walnut Street, Bloomington, IN 47404

$25 SF/Yr
0.19 AC lot

Downtown Core zoning supports retail, restaurant, and creative commercial uses.

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Shopping Center Near Sports Complex
Shopping Center Near Sports Complex

2807 S State Rd 135, Greenwood, IN 46143

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Retail center at State Road 135 and Stones Crossing Road, near a planned sports complex.

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Retail Space in Greenwood, IN
Retail Space in Greenwood, IN

Morgantown Rd, Greenwood, IN

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49,900 sqft 10.85 AC lot

Retail space available in Greenwood, Indiana with high traffic.

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Similar Spaces for Sale in Martinsville, IN

Consider Similar Space for Sale. We found 12 Spaces matching your search parameters.

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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Walgreens Drug Store
Walgreens Drug Store

25 Bills Boulevard, Martinsville, IN 46151

$2,700,000
14,525 sqft 2.12 AC lot

Single-story retail property with central air and ceramic tile flooring in an Opportunity Zone.

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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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Multi-Building Flex Property
Multi-Building Flex Property

1819 E Morgan Street, Martinsville, IN 46151

$1,695,000
1.23 AC lot

Three commercial buildings combine garage, office, storefront, and storage capabilities across separate sites.

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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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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.

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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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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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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 in Cloverdale, IN
Commercial Land in Cloverdale, IN

N Main Street, Cloverdale, IN 46120

$1,000/Mo
1.15 AC lot

Commercial land available for rent in Cloverdale, Indiana.

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Martinsville, IN Retail properties & Spaces Lease Rates & Market Statistics

Browse 3 Retail properties & Spaces for lease in Martinsville, IN on Realmo, a commercial real estate marketplace serving the Martinsville area. The current inventory totals 4,058 square feet of properties.

Retail properties & Spaces lease rates in Martinsville range from $12 SF/Yr at the entry level to $12 SF/Yr at the top of the market, averaging $12 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $12 SF/Yr, the local average runs 27% below Indiana's state average of $16.44 SF/Yr.

Martinsville accounts for 100% of the 3 retail properties & spaces currently available across Morgan County.

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