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$375,000 (Pending)

69 N Colfax Street Martinsville, IN  46151

  • 2,745 sq. Ft

Property Description for 69 N Colfax Street Martinsville, IN 46151

Unlock the potential of your business with this exceptional stand-alone commercial building located in the heart of Martinsville. This versatile property is currently configured to accommodate three distinct businesses, making it ideal for rental income or multi-use operations. The interior features 3 bathrooms as well as a common area shared kitchen. The building features a one-year-old roof. With an expansive parking lot situated behind the building, there is ample space for clients and staff, ensuring convenient access and ease of use. This property enjoys a prime location with high visibility and significant traffic. It presents an attractive opportunity for businesses seeking a strategic position within a thriving community. Don't miss the chance to own this versatile commercial space in a sought-after location.

Address:69 N Colfax Street Martinsville IN 46151
Status:Pending
on site: 10 days
Price:$375,000
Bathrooms:0
Sq. Feet:2,745
Year Built:1960
Lot Size:0.20
County: Morgan
Township: Washington
MLS #:21995402
Property Type:Office

Lot Dimensions:8712
Road Access:Access Rd
Zoning:C1, c+2
Directions:Corner of East Morgan Street & North Colfax Street
Total Sq. Ft. :2,745

Loan Price
$2,488
Price And Interest $1,956/month
Property Tax $376/month
MTG INS $0/month
HOME INS $156/month
Price
$375,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$376/month
Home Owner Insurance
$1,872 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$2,253
Tax Year:2023
Mandatory HOA Fee:$

Area: 5512 - Morgan - Washington
Zip Code:46151

High School:Martinsville High School
Middle School:John R. Wooden Middle School
Elementary School:Centerton Elementary School

Total Sq. Ft.:2,745
Cool:Central Electric
Heat:Forced Air, Gas
Lindsey Smalling, REALTOR®/Broker, F. C. Tucker Company
Lindsey Smalling
Phone (317) 435-5914
Additional Phone (317) 210-9570
F.C. Tucker Company
Carie Barkwell, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Carie Barkwell
(317) 840-0942
The Smalling Group

Listing provided courtesy of Lindsey Smalling with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/14/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Martinsville Market Report

182
Avg. DOM
$157.19
Avg. $ / Sq.Ft.
$ 334,900
Med. List Price

The house prices in Martinsville are not dropping at the moment. There has been a increase in price of $86,320.91. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Martinsville are going Up. The average house price is $336,450.00 and the average price per square feet is $157.30 per square feet. At the moment, the amount of homes listed is exactly 358 houses, with 91 with active status, 39 with pending status and 228 sold in Martinsville .

The most popular place to buy a home in Martinsville is 5512 - Morgan - Washington. 5512 - Morgan - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Martinsville .

The average amount of property taxes you would have to pay for a home in Martinsville is $1,626.85. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Martinsville are staying listed for an average of 82 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Martinsville was 2803 minutes ago.

At the moment we have 3 open houses that you can visit.

The cost of the most expensive home in Martinsville is $1,980,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Martinsville is $90,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Martinsville in year 1865 and the newest built house is in year 2025.

The average size of properties in Martinsville is 2644.49 sq.ft. , the biggest one being 9366 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.