400 E Mahalasville Drive Martinsville, IN $ 850,000
400 E Mahalasville Drive
$ 850,000
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400 E Mahalasville Drive

Martinsville, IN, 46151
$ 850,000
Bedrooms-- Baths-- Sq 5,000

Monthly Estimate*

$ 5,234

400 E Mahalasville Drive, Martinsville, IN 46151 - Image 1
400 E Mahalasville Drive, Martinsville, IN 46151 - Image 2
400 E Mahalasville Drive, Martinsville, IN 46151 - Image 3
400 E Mahalasville Drive, Martinsville, IN 46151 - Image 4
400 E Mahalasville Drive, Martinsville, IN 46151 - Image 5

Commercial Property for sale in Martinsville, IN

for $850,000. This 5,000 square foot building was built in 2007 on a lot size of 0.99.

FOR SALE - Prime 1-acre commercial/industrial property offering a versatile 5,000 sq ft building in a high-visibility location on the south end of Martinsville within Hikes Point. This property features 2,500 sq ft of office or medical-ready space with tall floor-to-ceiling windows and bright southern exposure, plus an additional 2,500 sq ft open manufacturing area equipped with 3-phase power. Daily traffic counts estimated at 32,000+ vehicles. Excellent access and visibility to the new I-69 corridor with parking for 16+ vehicles. Ideal for an owner-user or investor seeking strong traffic exposure and flexible commercial use options. Seller is requesting a lease-back of the manufacturing portion of the building-creating a unique opportunity for immediate occupancy income. Don't miss this one!

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Commercial Active

Price

$ 850,000

Property Type

Commercial

Taxes

$ 6,982

Style

Industrial

Lot Size

0.99

Year Built

2007

Town/City

Martinsville

County/Region

Morgan

MLS | Web ID

22080042

Features
General
Utilities Electricity Connected
Possession Negotiable
Roof Metal
Zoning C-2
Year Built 2007
Stories Count 1
Township Washington
Property Subtype Industrial
Tax Year 2024
Current Use Office
County Morgan
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
City Martinsville
High School District MSD Martinsville Schools
MLS Area 5512 - Morgan - Washington
Lot Size Square Feet 42994
Standard Status Active
Tax Lot 2
Legal Description Lot 2 Kingsway Minor Plat .987 A
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Exterior
Building Area Total 5000
Lot Size Acres 0.99
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* Excluded Features
List By
Carpenter, Realtors®

Broker

bwarfield@callcarpenter.com

Email

Affordability Calculator

$5,815
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,234
Monthly Property Taxes
$582
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.
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Nearby
4046635 Elementary School
4046434 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/16/2026$850,000 Listed Price

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400 E Mahalasville Drive, Martinsville, IN, 46151 is a Commercial Property for sale at $850,000 with 5,000 sqft and a lot size of 0.99. 400 E Mahalasville Drive was built in 2007. The property's zip code is 46151 which is in Martinsville, IN