Signalized Retail
For Lease
$1,500/Mo
191 US 31 S, Greenwood, IN 46142
Commercial Lease, Greenwood, IN
Space Size6,700 SF
Lot Size0.53 Acres
Days on Market80
Property Features for 191 US 31 S
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
C3
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
410232024112000026
Lot size
0.53 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Shryock's Add Lot 6 & Nw S32 T14 R4
Legal Description
Shryock's Add Lot 6 & Nw S32 T14 R4
Utilities
Utilities
Cable Available
Amenities
on-site parking
signalized intersection
Listing Agency:
Keller Williams Indy Metro S · Keller Williams Realty
(317) 882-5900
Listed By:
Morgan Mathauer · License #RB23000355
(765) 318-8053
Added: Jun 18
Changed: Sep 1
Last Checked: Sep 5 at 10:06AM
MLS# 22108981
Copyright © 2026 Broker Listing Cooperative®. 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 C3-zoned retail property provides adaptable first-floor and lower-level commercial space for office, medical, retail, wellness, and service-oriented operations. On-site parking and cable availability support day-to-day functionality, while immediate occupancy is available.
The property is positioned at the signalized intersection of US 31 and Main Street in Greenwood, with access to Interstate 65. Its setting includes established retail, dining, professional services, and residential development, providing a broad commercial context for customer- and employee-oriented uses.
The property is positioned at the signalized intersection of US 31 and Main Street in Greenwood, with access to Interstate 65. Its setting includes established retail, dining, professional services, and residential development, providing a broad commercial context for customer- and employee-oriented uses.
Key Highlights
- Signalized intersection at US 31 and Main Street
- C3 zoning for commercial use
- Approximately 0.53 acres
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$0.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
815
Businesses Nearby
266
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Village Pantry
Shops & Services
266 visits/mo
0.3 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
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Frequently Asked Questions
What type of property is this?
Retail space - First-floor and lower-level commercial space supports office, medical, wellness, retail, and service-oriented uses.
Where is this retail space located?
The property is located at 191 US 31 S Greenwood, IN.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: Signalized intersection at US 31 and Main Street; C3 zoning for commercial use; Approximately 0.53 acres
