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IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.
Based on information submitted to the Broker Listing Cooperative listing service as of November 11, 2026 at 12:15 PM EST. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information submitted to the MLS GRID as of November 11, 2026 at 12:15 PM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
1379 Morton Avenue
Martinsville, IN
$599,999
Martinsville, IN 46151
MLS# MBR22122971
Listed 1 day ago
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.
Estimate principal and interest for this listing.
$120,000
Estimated monthly payment
$3,034/mo
Estimate only — not MLS listing data. Does not include taxes, insurance, or other costs. Rates change daily.
Listed by Fox Haven Realty, LLC with Scott Dodson. Contact foxhavenrealty@gmail.com.