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!
Listing Courtesy of: F.C. Tucker Company
317-840-8337
Agent licensed in IN
| Listing Id: | 22131500 |
|---|---|
| List Price: | $389,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Business |
| Status: | Active |
| Bathrooms Full: | 0 |
| Bathrooms Half: | 0 |
| Semi Annual Property Tax Amt: | $1,141 |
| Lot Size Acres: | 0.37 |
| Waterfront?: | No |
| City: | Martinsville |
| County Or Parish: | Morgan |
| Postal Code: | 46151 |
| Year Built: | 1968 |
| Basement: | No |
| High School District: | Mooresville Con School Corp |
| Building Area Total: | 1,432 |
| MLS Area Major: | Harrison |
| Current Use: | Vacant |
| Directions: | GPS Friendly |
| Roof: | Shingle |
| Acres: | 1/4-1/2 Acre |
| Affectedby Disclosures: | No |
| DPRYN: | No |
| Parking Features: | Gravel |
| Price Acre: | 1051351 |
| Space Available: | 1432 |
| Trans Type: | Sale |
| Original List Price: | $389,000 |
| Parcel Number: | 550613445003000011 |
| Possession: | Negotiable |
| Postal Code Plus4: | 7660 |
| Special Listing Conditions: | As Is |
| State Or Province: | IN |
| Tax Year: | 2025 |
| Utilities: | Electricity Connected, Septic System, Water Connected |
| Zoning: | Commercial Business 3 |
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MIBOR Broker Listing Cooperative® data last updated on October 15, 2026 03:54 AM - ET
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Property Last Updated: October 15, 2026 03:54 AM - ET
