7,500 sqft

$1,250,000

640 S Madison Avenue, Greenwood IN, 46142

Price per sqft$166.67

Property size7,500 sqft

Property typeCommercial

Courtesy of CENTURY 21 Scheetz, Mark Linder Listing Contact:

Overview

Active

Listed May 21, 2026

Updated 7 days ago

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

MLS^® ID: 22103017

Interior Features

Basement: No

Exterior Features

Lot Size: 0.95 Acres

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