930 Morton Avenue
Martinsville, IN, 46151 $ 795,000
Bedrooms-- Baths-- Sq 6,000 Monthly Estimate*
$ 4,895
for $795,000. This 6,000 square foot building was built in 1979 on a lot size of 0.37.
Located at 930 Morton Avenue in Martinsville, Indiana, this property offers exceptional visibility with extremely high drive-by traffic, positioned just off the I-69 corridor at the Morton Avenue exit. The exposure from both local commuters and interstate travelers makes this one of the most strategic locations in the city for a growing business. The building itself is highly efficient, with an open-concept layout on a durable concrete base, currently home to an arcade business but easily adaptable for retail, hospitality, office, or entertainment uses. Martinsville is experiencing a surge of growth, driven by the newly completed I-69 improvements, major residential developments adding more than 450 new homes, and infrastructure investments including expanded sewer and water service, a proposed fire station, and roadway upgrades. The city is also revitalizing its historic downtown with multimillion-dollar projects such as the new Performance Park amphitheater, adaptive reuse of Courthouse Square, a modernized county administration complex, and EV-ready parking facilities. The local economy further strengthens the appeal. Martinsville has a low unemployment rate near 3%, a stable population, and a median household income of $77,724 within the 46151 ZIP code, significantly above the citywide average. Per capita income is nearly $40,000, and more than 8% of households earn over $200,000 annually, creating an affluent consumer base. Businesses here benefit from the area's affordability, with housing and living costs well below the U.S. average, while still tapping into strong regional spending power. With unmatched visibility, rapid community growth, and an increasingly desirable demographic profile, this property offers an extraordinary opportunity for businesses seeking a high-impact location in the heart of Martinsville's future.
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FeaturesGeneralUtilities Electricity Connected
Possession Closing
Zoning B-2
Year Built 1979
Stories Count 1
Township Washington
Property Subtype Retail
Tax Year 2024
Current Use Comm Sgl Ten
County Morgan
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
High School Martinsville High School
City Martinsville
High School District MSD Martinsville Schools
MLS Area 5512 - Morgan - Washington
Lot Size Square Feet 16117
Middle/Junior High School John R. Wooden Middle School
Standard Status Active
Tax Lot Unknown
Legal Description S8 T11 R1e Pt N Ne .37 A
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ExteriorBuilding Area Total 6000
Lot Size Acres 0.37
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* Excluded FeaturesList ByF.C. Tucker CompanyBroker
Annie.Scott@talktotucker.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,895
- Monthly Property Taxes
- $422
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Martinsville, IN
Average List Price $649,513
Percent of Sale Price 18%
About Martinsville, IN 11,435 Population
-4% Since 2002
$ 43,007 Median Income
37.97 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4046635 Elementary School
4046456 Middle School
Martinsville High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/14/2026 | $795,000 | -16.32% | Price Down |
| 8/27/2025 | $950,000 | | Listed Price |