795 Main StMartinsville, IN 46151

For Sale
$125,000 View listing
  • Theaters & concert halls
  • 2,156 SF

Property Details for 795 Main St

Year built
1980
Construction
WOOD
Lot size
0.15 AC
Property size (Sq ft)
2,156 SF
Property type
Theaters & concert halls
APN
55-09-33-405-002.000-021
APU
550933405002000021

Description

This unique 2,156 square foot commercial property located at 795 N Main Street, Martinsville, Indiana, presents a compelling investment opportunity. The building, formerly a church, boasts a versatile layout ideal for a variety of uses. Key features include a spacious nave/sanctuary, a dedicated office, a functional kitchen/community room, and separate men's and women's restrooms. Adding to its appeal is a small apartment situated at the rear of the building, offering additional income potential or private office space. The property sits on a 0.15-acre lot and includes ample parking, a significant advantage in a busy commercial area. The asking price is $125,000. This adaptable space is perfect for entrepreneurs seeking a unique commercial space or investors looking for a strong return. The existing infrastructure provides a solid foundation for a variety of businesses, from religious organizations to community centers, or even creative office spaces. The combination of size, location, and existing amenities makes this property a rare find in the Martinsville market. Its versatile design and ample parking make it an attractive option for a wide range of potential buyers. Don't miss this chance to acquire a distinctive commercial property with significant upside potential. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $304,413
    Hospitality
    $278,841
    Educational
    $231,992
    Medical
    $239,971
    Retail
    $360,877
795 Main St, Martinsville, Indiana

Location Insight

City
Martinsville
County
Morgan
State
Indiana
Latitude
39.4341
Longitude
-86.4283
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$7,500
$47,800
$55,300
-
$7,500
$47,800
$55,300

FAQs

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