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9393 N Waverly Park Road

Martinsville, IN 46151

ActiveListed Oct 14, 2026 · 10 days on market

Key facts

Living area
1,432 sqft
Lot
0.37 acres
Year built
1968
Type
Commercial Sale · Business
MLS #
22131500
County
Morgan
Total building area
1,432 sqft

About this home

PRIME COMMERCIAL REDEVELOPMENT OPPORTUNITY | I-69 & SR 144 High visibility, strategic access, and outstanding potential! Located at the roundabout near I-69 and SR 144, this corner property sits along the new interchange connecting Johnson and Morgan counties, offering convenient interstate access and an opportunity to establish your business in a key regional corridor. Two parcels totaling approximately - 0.60 acres are being sold together, with access from both N Waverly Park Road and Huggin Hollow Road. Zoned Business B-3 commercial use, this property offers flexibility for investors, developers, and business owners. Redevelopment potential to bring your vision to life. Potential business concepts include professional or medical offices, retail, coffee shops, cafes, restaurants, drive-through concepts, daycare facilities, veterinary clinics, pet services, wellness studios, and other service-oriented businesses The property currently features a 1,432-square-foot building with one bedroom, kitchen, and sunroom, plus a detached four-car garage offering additional storage or utility space. Renovate the existing structures for an appropriate use or explore removing them to make way for a new commercial development. Bring your plans and explore the possibilities at this strategically positioned commercial property!

Description provided by the listing brokerage.

Exterior

Roof
Shingle
Parking and garage
Gravel

Systems

Utilities
Electricity ConnectedSeptic SystemWater Connected

Lot and HOA

Zoning
Commercial Business 3

Schools

School district
Mooresville Con School Corp

Taxes

Estimated annual tax
$2,282 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,287per month, estimated
Principal and interest $1,961Property tax $190Insurance $136
20% · $77,800
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$389,000
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