1379 Morton Avenue Martinsville, IN $ 599,999
1379 Morton Avenue
$ 599,999
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1379 Morton Avenue

Martinsville, IN, 46151
$ 599,999
Bedrooms-- Baths-- Sq 1,804

Monthly Estimate*

$ 3,788

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Commercial Property for sale in Martinsville, IN

for $599,999. This 1,804 square foot building was built in 1940 on a lot size of 0.6.

Outstanding commercial development opportunity along the highly visible Morton Avenue/SR 39 corridor in Martinsville. This approximately 1.83-acre site offers B-2 General Business zoning, excellent exposure, and convenient access to I-69 at Exit 137, positioning the property within one of Martinsville's key commercial corridors. City utilities, including water, sewer and gas, are available to the site, providing flexibility for future redevelopment. A unique advantage of this property is the presence of two existing residential homes, creating the potential for interim rental income while a purchaser completes planning, design, permitting and execution of the site's long-term commercial use. Suitable for consideration as a 1031 replacement property; buyer to consult tax advisor/qualified intermediary. This can help offset holding costs and provides additional flexibility for an investor or developer who may not be ready to immediately redevelop the property. The location and zoning support a variety of potential commercial uses, including retail, restaurant, professional or medical office, service-oriented businesses and other uses permitted within the B-2 district. With strong visibility, established surrounding commercial activity, income-producing potential during the development phase, and easy access to both Martinsville and I-69, this property presents a compelling opportunity for an owner-user, investor or developer seeking a strategically located commercial site. Buyer to independently verify zoning, permitted uses, rental potential, utilities, access and development requirements.

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Commercial Active

Price

$ 599,999

Property Type

Commercial

Taxes

$ 914

Style

Business

Lot Size

0.6

Year Built

1940

Town/City

Martinsville

County/Region

Morgan

MLS | Web ID

22122971

Features
General
Heating Natural Gas
Utilities Electricity Connected Water Connected
Possession Closing Negotiable
Zoning B2
Year Built 1940
View Trees/Woods
Township Washington
Property Subtype Business
Tax Year 2025
Current Use Residential
Additional Parcels Description 55-13-08-200-003.100-021
County Morgan
New Construction N
Property Type Commercial Sale
Facing Direction West
Possible Use Auto Dealer Auto Misc Medical/Dental Restaurant Retail
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 26136
Middle/Junior High School John R. Wooden Middle School
Additional Parcels Y/N Y
Standard Status Active
Tax Lot 551308200004100021
Legal Description S8 T11 R1e Pt S Ne. .60 A.
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Exterior
Parking Features Detached
Building Area Total 1804
Lot Size Acres 0.6
Road Surface Type Gravel
Road Frontage Type State Road
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* Excluded Features
List By
Fox Haven Realty, Llc

Broker

foxhavenrealty@gmail.com

Email

Affordability Calculator

$3,865
Per Month
98%
2%
0%
Monthly Principal & Interest
$3,788
Monthly Property Taxes
$76
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4046456 Middle School
Martinsville High School High School
Pricing History
DatePricePrice ChangeDescription
9/15/2026$599,999 Listed Price

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1379 Morton Avenue, Martinsville, IN, 46151 is a Commercial Property for sale at $599,999 with 1,804 sqft and a lot size of 0.6. 1379 Morton Avenue was built in 1940. The property's zip code is 46151 which is in Martinsville, IN