316 Wood Street Morristown, IN $ 450,000
316 Wood Street
$ 450,000
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316 Wood Street

Morristown, IN, 46161
$ 450,000
Bedrooms-- Baths-- Sq 5,160

Monthly Estimate*

$ 3,108

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Commercial Property for sale in Morristown, IN

for $450,000. This 5,160 square foot building was built in 1981 on a lot size of 8.81.

Versatile industrial property offering 5,160 square feet of high-bay space with soaring 30-foot ceilings, set on 8.81 combined acres across three parcels with a fully fenced lot. Officially a single-story building per tax records, the shop includes a built-in upper office area - providing office space, a kitchen, and a bathroom that keep administrative and break functions cleanly separated from the production floor below. Built for heavy, hands-on use, the property is served by robust 360-amp electrical service, city water, and city sewer, with new water lines recently run to the building. The scale, ceiling height, and power capacity make this an ideal fit for manufacturing, metal or wood fabrication, a full-service wood shop, assembly, or warehousing and distribution. The clear footprint accommodates large equipment, material handling, and staging with room to spare. At 8.81 acres, the site offers substantial room to expand, add outbuildings, or stage materials and equipment outdoors. A portion of the acreage is wooded and rich with mature black walnut trees, with a creek running through it - a rare natural amenity that adds long-term value, privacy, and character. For a wood shop or fabricator, the standing walnut is a notable bonus. Whether you're relocating an established operation or launching a new venture, 316 Wood Street delivers the space, infrastructure, and acreage to build on.

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Commercial Active

Price

$ 450,000

Property Type

Commercial

Taxes

$ 1,646

Style

Industrial

Lot Size

8.81

Year Built

1981

Town/City

Morristown

County/Region

Shelby

MLS | Web ID

22113420

Features
General
Utilities Electricity Connected Sewer Connected Water Connected
Possession Closing
Roof Composition
Zoning Light Industrial
Year Built 1981
Stories Count 1
Township Hanover
Property Subtype Industrial
Tax Year 2025
Current Use See Remarks
Building Name No Subdivision
Additional Parcels Description Pt Sw 7 14 8 3.89 Ac and Pt Sw 7 14 8 3.81 Ac
County Shelby
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS will try to take you to Greenfield. Waze is the best map to use. Type in the address including Morristown.
High School Morristown Jr-Sr High School
City Morristown
High School District Shelby Eastern Schools
MLS Area 7303 - Shelby - Hanover
Lot Size Square Feet 383764
Additional Parcels Y/N Y
Standard Status Active
Tax Lot 0
Legal Description Pt Sw 7 14 8 1.11 Ac
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Exterior
Fencing Fence Complete
Parking Features Gravel
Building Area Total 5160
Lot Size Acres 8.81
Road Surface Type Asphalt
Road Frontage Type County Road
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* Excluded Features
List By
Brittany Stearman

Listing Agent

Indianapolis - Weichert, Realtors® - Cooper Group Indy

Broker

Affordability Calculator

$3,245
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,108
Monthly Property Taxes
$137
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4045007 Elementary School
4045042 Middle School
Morristown Jr-Sr High School High School
Pricing History
DatePricePrice ChangeDescription
7/10/2026$450,000 Listed Price

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316 Wood Street, Morristown, IN, 46161 is a Commercial Property for sale at $450,000 with 5,160 sqft and a lot size of 8.81. 316 Wood Street was built in 1981. The property's zip code is 46161 which is in Morristown, IN