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Renovated Office Space in Greenwood
For Lease
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2 N Madison Ave, Greenwood, IN 46142

Office space for lease in historic Greenwood building.

Space SizeContact for details
Property Size18,000 SF
Days on Market856

Property Features for 2 N Madison Ave

General Information

Standard status Active
Size 18,000 SF
Class B
Total Parking Spaces 40
Property subtype Office, Special Purpose
Lease Type Modified Gross

Building Details

Building Size 18,000 SF
Year Built 1920
Tenancy Multiple

Spaces For Lease

at 2 N Madison Ave Contact us

Single offices available

Type
Office, Special Purpose
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Randy Faulkner & Associates
Listed By: Eric Harvey · License #RB14040530
Source: Crexi
Added: Apr 9, 2024 Changed: Aug 8 Last Checked: Aug 8 at 11:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Randy Faulkner & Associates

Investment Insights

Based on property information with market context.

This office space is available for lease in a historic building in the heart of old town Greenwood. The building underwent a complete renovation in 2016 and features two floors of professional office suites, meeting rooms, collaboration spaces, central reception areas, and break rooms. The floor plan and location are suitable for medical, professional services, co-working, and educational uses. The building owner offers flexibility in designing and modifying the space to fit specific needs. The property is within walking distance of destinations such as Vino Villa, La Trattoria, local craft breweries and distilleries, banking, and retail.

Key Highlights

  • Ready to occupy office space in the heart of old town Greenwood.
  • Historic building completely renovated in 2016.
  • Flexibility in designing and modifying the space to fit specific needs.

Property Analytics

Current Use

Old Town Atrium Hotel & Motel Cornerstone Autism Center Medical Clinic Elle Scanlan Physician

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Electrical Service Florist Locksmith

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

NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

550
Businesses Nearby

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 Office in Midwest region

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

What type of property is this?
Office units - Office space for lease in historic Greenwood building.
Where is this office units located?
The property is located at 2 N Madison Ave Greenwood, IN.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Ready to occupy office space in the heart of old town Greenwood.; Historic building completely renovated in 2016.; Flexibility in designing and modifying the space to fit specific needs.
(317) 889-9299 Call to check price and availability
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