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124-128 E Morgan Street

Martinsville, IN 46151

ActiveListed May 29, 2026 · 70 days on market

Key facts

Living area
11,922 sqft
Lot
0.14 acres
Year built
1900
Type
Commercial Sale · Retail
MLS #
22104953
County
Morgan
Total building area
11,922 sqft

About this home

Two adjoining brick commercial buildings with tremendous space and opportunity in Martinsville's downtown square, formerly home to Royal Title and retail store Artesian Books. Positioned next to the new Martinsville Venue, these properties provide excellent visibility and steady downtown foot traffic. Each historic building offers flexible space for retail, office, co-working, and/or boutique service. The second floors are ready for your future visions. Recent updates include a 2025 brand new GAF Diamond roof and HVAC. An outstanding opportunity for business owners or investors to participate in the ongoing revitalization of Martinsville's historic downtown district.

Description provided by the listing brokerage.

Exterior

Roof
See Remarks
Parking and garage
Alley AccessOn Street

Systems

Utilities
Electricity ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
B-2

Schools

Middle school
John R. Wooden Middle School
School district
MSD Martinsville Schools

Taxes

Estimated annual tax
$9,194 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,834per month, estimated
Principal and interest $2,868Property tax $766Insurance $199
20% · $113,800
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$569,000
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