Freestanding Retail
For Lease
$4,000/Mo
105 S Madison Avenue, Greenwood, IN 46142
Commercial Lease, Greenwood, IN
Space Size2,236 SF
Lot Size0.37 Acres
Days on Market104
Property Features for 105 S Madison Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
OT
Elementary school district
Greenwood Community Sch Corp
Middle school district
Greenwood Community Sch Corp
High school district
Greenwood Community Sch Corp
Directions
GPS Friendly
Subdivision
4102 - Johnson - Pleasant
Standard status
Active
APN
410232013110000026
Lot size
0.37 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
John B Dobbins Add Lot 16 & Pt Lot 17 W 1/2 Ne 1/4 S32 T14 R4
Legal Description
John B Dobbins Add Lot 16 & Pt Lot 17 W 1/2 Ne 1/4 S32 T14 R4
Amenities
two restrooms
Listing Agency:
Keller Williams Indy Metro Partners · Keller Williams Realty
(317) 882-5900
Listed By:
Shelly Johnson · License #RB14043056
(317) 882-5900
Added: May 18
Changed: Aug 19
Last Checked: Aug 29 at 9:06AM
MLS# 22102672
Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This freestanding retail property offers 2,236 SF with a 32' x 28' open area that can accommodate a range of interior layouts. Two restrooms and on-site parking support daily operations, while OT zoning provides the stated land-use framework. The space is offered for lease at 105 S Madison Avenue in Greenwood, Indiana.
The property sits in the Old Greenwood area, surrounded by local businesses and neighborhood traffic. Its walkable setting and access to on-site parking create a practical environment for customer-facing operations. The available configuration is suited to the retail, dining, office, café, or service uses identified for the property.
The property sits in the Old Greenwood area, surrounded by local businesses and neighborhood traffic. Its walkable setting and access to on-site parking create a practical environment for customer-facing operations. The available configuration is suited to the retail, dining, office, café, or service uses identified for the property.
Key Highlights
- 2,236 SF freestanding retail space
- 32' x 28' open area for flexible interior layouts
- OT zoning
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.22 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
826
Businesses Nearby
266
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Village Pantry
Shops & Services
266 visits/mo
0.1 miles
Demographics for 46142, IN
32,052
Population
14,396
Households
2.2
Avg Household Size
40
Median Age
39%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
2,151
Density / Sq Mi
$85,611
Median Household Income
$47,831
Median Earnings
$1,122
Median Rent
$266,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Freestanding commercial space with OT zoning, two restrooms, and customer and staff parking in a walkable Greenwood setting.
Where is this retail space located?
The property is located at 105 S Madison Avenue Greenwood, IN.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: 2,236 SF freestanding retail space; 32' x 28' open area for flexible interior layouts; OT zoning
