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Mixed-Use Medical and Retail Property
For Sale
$2,350,000
Pending

1000 Us Highway 31 S, Greenwood, IN 46143

Commercial Sale, Greenwood, IN

Property SizeContact for details
Lot Size1.53 Acres
Days on Market845

Property Features for 1000 Us Highway 31 S

General Information

Property type Commercial Sale
Property subtype Office
Zoning Commercial Large
Middle school Greenwood Middle School
High school Greenwood Community High Sch
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 Pending
APN 410505013007000026
Lot size 1.53 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Pt Ne S5 T13 R4
Tax Annual Amount 1126
Legal Description Pt Ne S5 T13 R4

Amenities

signage

Building Details

Year built 2016
Listing Agency: CENTURY 21 Scheetz · Century 21 Real Estate
Listed By: Mark Linder · License #RB14044403
Added: Jun 21, 2024 Changed: Oct 2 Last Checked: Oct 13 at 12:06AM
MLS# 21986062

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.

Built in 2016, this 1.53-acre mixed-use property combines medical office and retail space. Commercial Large zoning, on-site parking, and signage are among its stated features.

The property is on U.S. 31, one block south of Smith Valley Road in Greenwood. The Madison development is described as being a few blocks away, with more than 400 residences and over 18,700 square feet of shopping and restaurant space.

Key Highlights

  • 1.53‑acre property with medical office and retail space
  • Built in 2016
  • Commercial Large zoning

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Law Firm Real Estate Agency Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

517
Businesses Nearby

Demographics for 46143, IN

62,618
Population
23,417
Households
2.7
Avg Household Size
36
Median Age
36%
College-Educated
93%
High-School Grad
49.4 sq mi
ZIP Area
1,268
Density / Sq Mi
$89,401
Median Household Income
$51,213
Median Earnings
$1,427
Median Rent
$295,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial Large zoning, on-site parking, and signage support the property’s combined office and retail configuration.
Where is this mixed-use property located?
The property is located at 1000 Us Highway 31 S Greenwood, IN.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 1.53‑acre property with medical office and retail space; Built in 2016; Commercial Large zoning
More about this property
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