105 S Madison Avenue, Greenwood, IN 46142

Listing agent Shelly Johnson License #RB14043056 Show Phone

Listing office Keller Williams Indy Metro S s***@kw.com N Emerson Ave Ste 300 48, Greenwood, IN Show Phone

Listing date May 18, 2026

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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.

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Overview

This freestanding retail property offers a spacious 32' x 28' open area designed for flexible layouts, supported by two restrooms. The building includes ample on-site parking for customers and staff, making it straightforward for day-to-day operations and customer access.

The property is located at 105 S Madison Avenue in Greenwood, positioned in the heart of Old Greenwood. The site is described as highly visible and in a highly walkable area surrounded by local businesses and neighborhood traffic.

The available space is suited to a variety of concepts under the flexible OT zoning, including a diner, boutique retail, cafe, office, or service-based business. For budgeting, note that an additional NNN fee of $4.30 per square foot applies.

Suggested Use

Daycare Center Grocery & Convenience Store Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Store Florist (Bike/Boat/Book/etc) Store Pet Store & Service Restaurant (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Greenwood

County

Johnson

State

Indiana

Longitude

-86.109753

Latitude

39.614425

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FAQs

What type of property is this?

Retail space - Freestanding retail opportunity with a large open area, two restrooms, and flexible OT zoning for a range of business uses.

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 $4,285 /Mo.

What are key features of this property?

This property features: Highly visible, freestanding retail building in the heart of Old Greenwood.; Flexible OT zoning suitable for a variety of businesses.; Spacious 2,236 SF with a large 32' x 28' open area.