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-- Baths1.0 Sq 2,500

Monthly Estimate*

$ 5,234

400 E Mahalasville Drive, Martinsville, IN 46151 - Image 1
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Commercial Property for sale in Martinsville, IN

for $850,000 with 1 full bath. This 2,500 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

Full Bath

1

Property Type

Commercial

Taxes

$ 6,983

Style

Industrial

Lot Size

0.99

Year Built

2007

Town/City

Martinsville

County/Region

Morgan

MLS | Web ID

202602251

Features
General
Heating Forced Air
Cooling Central Air
Ceiling Height 10
Roof Metal
Parking Yes Lot
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 1
Year Built 2007
New Construction No
Subdivision None
Stories Count 1
Township Washington
Class COMMERCIAL
Type Industrial
Age 19
Special Features 220 Volts
REO No
Status Detail 0
Area Morgan County
City Martinsville
Legal Description Lot 2 Kingsway Minor Plat .987 A
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202602251
Agent First Name Brandon
Agent Last Name Warfield
DOM 2
Tax Year 2024
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Exterior
Road Access County
Exterior Metal
Number of Parking Spaces 16
Lot Size Area 43124
Lot Dimensions 42994
Parking Type lot
Waterfront Y/N No
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Interior
Flooring Concrete Laminate Vinyl
Basement/Foundation Slab
Walls Drywall
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* Excluded Features
List By
Brandon Warfield

Listing Agent

Carpenter Realtors Martinsville

Broker

bwarfield@callcarpenter.com

Email

Affordability Calculator

$5,816
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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/21/2026$850,000 Listed Price

Map


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400 E Mahalasville Drive, Martinsville, IN, 46151 is a Commercial Property for sale at $850,000 with 2,500 sqft and a lot size of 0.99. 400 E Mahalasville Drive has 1.0 baths and was built in 2007. The property's zip code is 46151 which is in Martinsville, IN