640 S Madison AVE, Greenwood, IN 46142
640 S Madison AVE, Greenwood, IN 46142
640 S Madison AVE, Greenwood, IN 46142
640 S Madison AVE, Greenwood, IN 46142
640 S Madison AVE, Greenwood, IN 46142
640 S Madison AVE, Greenwood, IN 46142
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Listed by Mark Linder • CENTURY 21 Scheetz
$ 1,250,000
Est. payment | /mo

7,500 SqFt


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$ 1,250,000
Est. payment | /mo
Save

7,500 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 7,500 sqft

Price per Sqft $166

MLS Listing ID 22103017

Tax Year 2025

Lot Size 0.948 Acres

Acres 0.948

Property Sub-Type Retail

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!

Location

State IN

County Johnson

Zoning Commercial Medium

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Metal

Building

New Construction false

Schools

Middle Schools Greenwood Middle School

High Schools Greenwood Community High Sch

School District Greenwood Community Sch Corp

MIBOR MLS

NEARBY SCHOOL & BUSINESS

Craig Hartwick

+1(317) 446-5823

craig@hartwickrealty.com

Cicero, Indiana,, 46034, USA

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640 S Madison AVE