489 E Walnut Street, Martinsville, IN 46151

$1
1
BD
3
BA
10,264
SqFt

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List Price
$1
Price Change
▼ $1 1782348950
MLS#
22110106
Property Type
Residential
Bedrooms
1
Bathrooms
3
Sqft. of Residence
10,264
Year Built
1935
Days on Market
33
Status
ACTIVE

Property Description

OPEN HOUSE - WEDNESDAY, JUNE 24TH 6-8PM Historic Commercial Redevelopment Opportunity in Downtown Martinsville! A rare opportunity to preserve a piece of local history. Built in 1935 during the Great Depression, this former church stood for generations as a beacon of hope, faith, and community support. Deeply cherished by many families throughout the years, it served as a gathering place and pillar of strength for those facing hardship during some of the area's most challenging times. Today, this historic structure awaits a visionary buyer willing to restore, repurpose, or reimagine its future with over 10,000 square feet of potential on a 0.22-acre corner lot just a short walk from Downtown Martinsville. Whether your plans include a church, community space, residental, duplex or another use subject to governmental approvals, this property offers a unique chance to breathe new life into a landmark with a meaningful story. Street parking is available. Zoning is R2. Utilities are available in the area but are not currently connected. Property is being offered AS-IS. Buyer is responsible for verifying zoning, permitted uses, utility availability, redevelopment requirements, clean out, and all governmental approvals. Highest and Best Offers will be accepted through July 10, 2026.

Additional Information

Basement
Daylight, Exterior Entry, Finished, Finished Ceiling, Finished Walls, Full
Foundation
Block
Stories
One
Architecture
Other
Acres
0.22
Heat
Forced Air
Cooling
Central Air
Financing
Cash Only
Appliances
None
Region
Washington
Eating Areas
None

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Calculator source: Real Geeks

Listing courtesy of The Modglin Group.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative