640 S Madison Avenue, Greenwood, IN 46142

$1,250,000
7,500
SqFt

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List Price
$1,250,000
Days on Market
113
Status
ACTIVE
MLS#
22103017
Living Area
7,500
Lot Size (Acres)
0.9480000000000001

Property Description

7,506 sq ft Retail/Office located in the heart of downtown Greenwood. This prime location guarantees street visibility, high foot traffic and maximum exposure. Property consists of two buildings: 1.) Main building of 6,000 sq ft. and 2.) Freestanding 1,500 sq ft secondary building. Building 1 and building 2 are currently leased through at least October 2027, with part of building 1 leased through Nov. 2030. Lit pylon signage is visible from the heavily traveled US 31. Surrounded by other existing shops, restaurants, gas stations and more. This site is also surrounded by "The Madison", a luxury, mixed-use/live,work,play design, the very first of its kind for downtown Greenwood and the new Greenwood Fieldhouse. The Madison features 18,700 square feet of retail space, and over 400 luxury condominiums, townhomes and apartments. Don't miss out on this lucrative and long-standing Investment Opportunity!

Additional Information

Area
Pleasant
Taxes
$3,972

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Calculator source: Real Geeks

Listing courtesy of CENTURY 21 Scheetz.

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