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    Martinsville, IN
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    Martinsville, IN Retail Space for Sale

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    Updated Storefront with Garage
    Updated: Apr 21, 2025
    Updated Storefront with Garage

    159 N Main Street, Martinsville, IN 46151

    $435,000
    0.14 AC lot
    42' x 42' retail area with recently replaced front windows
    30' x 21' garage with alley access and room for a delivery van
    Two office or stockroom spaces at the rear
    Separate entrance to an open upper level currently used for storage
    Commercial zoning on the north side of Main Street
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    Visible Commercial Site on Morton
    Updated: Mar 27
    Visible Commercial Site on Morton

    960 Morton Avenue, Martinsville, IN 46151

    $950,000
    9,450 sqft
    Highly visible commercial site on heavily traveled Morton Avenue.
    Positioned by the Morton Avenue/I‑69 interchange.
    Benefits from constant exposure to regional traffic and local commuters.
    Ease of access and prominent frontage.
    Ability to deliver the property vacant at closing.
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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    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 76 Potential Opportunities for your consideration. Besides 5 Active listings in Martinsville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Retail Space with Road Frontage
    Retail Space with Road Frontage

    543 Bridge Street, Mooresville, IN 46158

    $899,000
    0.83 AC lot

    B3-zoned commercial building with two existing signs and a layout suited to varied business uses.

    View details
    Restaurant and Storage Units For Sale
    Restaurant and Storage Units For Sale

    18 N Fourth St, Gosport, IN 47433

    $425,000
    5,933 sqft

    Restaurant with tap room and storage units for sale.

    View details
    Flexible Retail Space
    Flexible Retail Space

    141 E Main St, Gosport, IN 47460

    $98,000
    1,100 sqft

    Currently configured as a hair salon with private offices, storage, restroom, and laundry/mechanical areas.

    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

    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.

    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
    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
    180 Main St
    RETAIL STORES (PERSONAL SERVICES)

    180 Main St, Martinsville, IN 46151-1417

    Estimated value:
    $320,000
    12,024 sqft 0.10 AC lot
    View details
    489 Morton Ave
    RETAIL STORES (PERSONAL SERVICES)

    489 Morton Ave, Martinsville, IN 46151-2782

    Estimated value:
    $275,000
    7,653 sqft 0.32 AC lot
    View details
    48 Main St, Unit 50
    RETAIL STORES (PERSONAL SERVICES)

    48 Main St, Martinsville, IN 46151-1415

    Unit 50
    Estimated value:
    $285,000
    5,666 sqft 0.10 AC lot
    View details
    590 Morton Ave
    RETAIL STORES (PERSONAL SERVICES)

    590 Morton Ave, Martinsville, IN 46151-2781

    Estimated value:
    $270,000
    2,400 sqft 0.20 AC lot
    View details
    990 Morton Ave
    RETAIL STORES (PERSONAL SERVICES)

    990 Morton Ave, Martinsville, IN 46151-3026

    Estimated value:
    $320,000
    16,600 sqft 0.83 AC lot
    View details
    960 Morton Ave Ste A
    RETAIL STORES (PERSONAL SERVICES)

    960 Morton Ave Ste A, Martinsville, IN 46151-3053

    Estimated value:
    $290,000
    9,450 sqft 0.55 AC lot
    View details
    549 Mitchell Ave
    RETAIL STORES (PERSONAL SERVICES)

    549 Mitchell Ave, Martinsville, IN 46151-2152

    Estimated value:
    $170,000
    1,300 sqft 0.25 AC lot
    View details
    957 Es St
    RETAIL STORES (PERSONAL SERVICES)

    957 Es St, Martinsville, IN 46151-2643

    Estimated value:
    $160,000
    1,760 sqft 0.14 AC lot
    View details
    7628 Big Bnd Rd
    RETAIL STORES (PERSONAL SERVICES)

    7628 Big Bnd Rd, Martinsville, IN 46151-8222

    Estimated value:
    $110,000
    3,000 sqft 2.39 AC lot
    View details
    259 Jackson St
    RETAIL STORES (PERSONAL SERVICES)

    259 Jackson St, Martinsville, IN 46151-1502

    Estimated value:
    $165,000
    1,984 sqft 0.08 AC lot
    View details
    910 Garfield Ave
    RETAIL STORES (PERSONAL SERVICES)

    910 Garfield Ave, Martinsville, IN 46151-2325

    Estimated value:
    $265,000
    1,800 sqft 0.31 AC lot
    View details
    1970 Maple Turn Rd
    RETAIL STORES (PERSONAL SERVICES)

    1970 Maple Turn Rd, Martinsville, IN 46151-8073

    Estimated value:
    $245,000
    4,359 sqft 69.56 AC lot
    View details
    490 Morton Ave
    RETAIL STORES (PERSONAL SERVICES)

    490 Morton Ave, Martinsville, IN 46151-2758

    Estimated value:
    $270,000
    3,500 sqft 0.34 AC lot
    View details
    600 Randys Way604-608
    RETAIL STORES (PERSONAL SERVICES)

    600 Randys Way604-608, Martinsville, IN 46151-2170

    Estimated value:
    $270,000
    2,175 sqft 0.21 AC lot
    View details
    59 Washington St
    RETAIL STORES (PERSONAL SERVICES)

    59 Washington St, Martinsville, IN 46151-1526

    Estimated value:
    $255,000
    7,680 sqft 0.14 AC lot
    View details
    560 Morton Ave, Unit A-B
    RETAIL STORES (PERSONAL SERVICES)

    560 Morton Ave, Martinsville, IN 46151-2753

    Unit A-B
    Estimated value:
    $140,000
    1,300 sqft 0.22 AC lot
    View details

    Martinsville, IN Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Martinsville, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 18,307 square feet of properties for sale, with an estimated market value of $1,820,000.

    Sale prices for retail space in Martinsville, IN start at $435,000, averaging $606,666, and reaching up to $950,000 — 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 $606.7K

    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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