316 Wood Street Morristown, IN ^$ 440,000

316 Wood Street

^$ 440,000

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316 Wood Street

Morristown, IN, 46161

^$ 440,000

Bedrooms-- Baths-- Sq 5,160

Monthly Estimate*

^$ 2,709

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Commercial Property for sale in Morristown, IN

for $440,000. This 5,160 square foot building was built in 1981 on a lot size of 8.81.

This Industrial Property Is A GREAT Deal! 383,764 Square Feet (8.81 Acres) of Industrial Land. There is a 5160 Square Foot Building Included. The Roof Is New. The Building Is A Bonus When Compared To The Land. Property is 15.2 Miles From Interstate 70 & 14.1 Miles From I-74. The City of Morristown will consider this as a trucking terminal. However, they will require you to file a variance and pave by asphalt or concrete all parking surfaces.

Commercial Active

Price

^$ 440,000

Property Type

Commercial

Taxes

^$ 0

Style

Industrial

Lot Size

8.81

Year Built

1981

Town/City

Morristown

County/Region

Shelby

MLS | Web ID

22073011

Features

General

Utilities Electricity Connected Natural Gas Available

Possession Closing

Roof Shingle

Zoning I-1 Light Industrial

Year Built 1981

Stories Count 1

Township Hanover

Property Subtype Industrial

Tax Year 2025

Current Use Industrial

Building Name NO SUBDIVISION

Additional Parcels Description Raw Land

County Shelby

New Construction N

Property Type Commercial Sale

Possible Use Industrial

Status Active

Directions DON'T Allow GPS To Go To 316 Wood St Greenfield. US 52 East of Morristown Turns to Main St. Left on CR 500 E. T/R Central Parkway. T/R on the first street follow around to Wood St. then T/R to prope

City Morristown

High School District Shelbyville Central Schools

MLS Area 7303 - Shelby - Hanover

Lot Size Square Feet 383764

Additional Parcels Y/N Y

Standard Status Active

Tax Lot 73-04-07-300-016.000-008

Legal Description Three Parcels... The Primary Improvement ID: 73-04-07-300-016.000-008. Legal: Pt Sw 7 14 8 1.11 Ac. Lot 2... ID: 73-04-07-300-015.000-008. Legal: PT SW 7 14 8 3.89 AC. Lot 3... ID: 73-04-07-300-014.0

Exterior

Fencing Partial

Parking Features Gravel

Building Area Total 5160

Lot Size Acres 8.81

Road Surface Type Asphalt Gravel

Road Frontage Type County Road

* Excluded Features

List By

Highgarden Real Estate

Broker

astancato@highgarden.com

Affordability Calculator

$2,709

Per Month

Monthly Principal & Interest: $2,709
Monthly Property Taxes: --
Monthly Home Insurance: --

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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.

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Nearby

Trends
Schools

Commerical listings in Morristown, IN

Average List Price ^$567,500

Percent of Sale Price 29%

About Morristown, IN

1,237 Population

-3% Since 2002

^$44,224 Median Income

37.65 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4045152 Elementary School

4045181 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/14/2025	$440,000		Listed Price

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316 Wood Street, Morristown, IN, 46161 is a Commercial Property for sale at $440,000 with 5,160 sqft and a lot size of 8.81. 316 Wood Street was built in 1981. The property's zip code is 46161 which is in Morristown, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 1/17/2026.

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316 Wood Street

Commercial Property for sale in Morristown, IN

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