1200 Morton Avenue Martinsville, IN $ 399,000
1200 Morton Avenue
$ 399,000
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1200 Morton Avenue

Martinsville, IN, 46151
$ 399,000
Baths0.0 Sq 2,080

Monthly Estimate*

$ 2,787

1200 Morton Avenue, Martinsville, IN 46151 - Image 1
1200 Morton Avenue, Martinsville, IN 46151 - Image 2
1200 Morton Avenue, Martinsville, IN 46151 - Image 3
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1200 Morton Avenue, Martinsville, IN 46151 - Image 7
1200 Morton Avenue, Martinsville, IN 46151 - Image 8
Studio

Commercial Property for sale in Martinsville, IN

for $399,000. This 2,080 square foot building was built in 1982 on a lot size of 0.98.

***OPPORTUNITY ZONE PROPERTY*** This highly visible, high traffic .98 acre lot has great potential for retail/restaurant/office space. Easy access from the exit off I-69. McDonalds and Taco Bell are directly across the street. This sale includes 2 parcels 55-13-08-230-024.100-021 and 55-13-08-230-015.101-021 Building is currently on a well and septic (both are not functional) There is city water and sewer at the street in front. (Will need to be hooked onto)

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Commercial Active

Price

$ 399,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,310

Style

Business

Lot Size

0.98

Year Built

1982

Town/City

Martinsville

County/Region

Morgan

MLS | Web ID

21965217

Features
General
Utilities See Remarks
Possession Negotiable
Zoning B2
Year Built 1982
Township Washington
Levels One
Property SubType Business
Tax Year 2023
Current Use Vacant
County Morgan
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
City Martinsville
Buyer Agent Compensation 2.5
High School District MSD Martinsville Schools
MLS Area 5512 - Morgan - Washington
Lot Size Square Feet 42728
Street Name Morton
Days on Market 42
Standard Status Active
Tax Lot 1
Buyer Agent Compensation Type %
Legal Description S8 T11 R1e Pt N Ne. .29 A. and S8 T11 R1E PT N NE; .693 A
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Interior
Basement (Y/N) N
Street Suffix Avenue
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Exterior
Building Area Total 2080
Lot Size Acres 0.98
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* Excluded Features
List By
The Modglin Group

Broker

jjones776@sbcglobal.net

Email

Affordability Calculator

$3,396
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,787
Monthly Property Taxes
$609
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4046635 Elementary School
4046434 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2024$399,000 -20.04% Price Down
2/22/2024$499,000 Listed Price

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1200 Morton Avenue, Martinsville, IN, 46151 is a Commercial Property for sale at $399,000 with 2,080 sqft and a lot size of 0.98. 1200 Morton Avenue is a studio with 0.0 baths and was built in 1982. The property's zip code is 46151 which is in Martinsville, IN