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Listed by Annie Scott • F.C. Tucker Company
$950,000
Est. payment /mo
6,000 SqFt
New
930 Morton AVE Martinsville, IN 46151
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $158
MLS Listing ID 22059054
Year Built 1979
Tax Year 2024
Lot Size 0.370 Acres
Acres 0.37
Property Sub-Type Retail
Property Description
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.
Location
State IN
County Morgan
Zoning B-2
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected
Building
Story 1
New Construction false
Schools
Middle Schools John R. Wooden Middle School
High Schools Martinsville High School
School District Msd Martinsville Schools
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