Freestanding Mixed-Use
For Lease
$2,000/Mo
484 N Madison Avenue, Greenwood, IN 46142
Commercial Lease, Greenwood, IN
Space SizeContact for details
Lot Size0.44 Acres
Days on Market48
Property Features for 484 N Madison Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
Commercial
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
410232021009001026
Lot size
0.44 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Pt Nw 1/4 S32 T14 R4
Legal Description
Pt Nw 1/4 S32 T14 R4
Amenities
private restroom
laundry area
on-site parking
Building Details
Floors in Building
2
Listing Agency:
Keller Williams Indy Metro Partners · Keller Williams Realty
(317) 882-5900
Listed By:
Sheila Bowles
(765) 318-8339
Added: Jul 20
Changed: Aug 28
Last Checked: Sep 5 at 12:06PM
MLS# 22115371
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Investment Insights
Based on property information with market context.
This freestanding mixed-use property combines a lower-level commercial suite with an upstairs efficiency apartment. The commercial area offers an open layout, a private restroom, and a dedicated laundry area. A front overhead garage door is currently in place, with the landlord willing to replace it with a conventional storefront wall. The space is suited to retail, office, studio, or service-oriented commercial operations.
The upper residence includes a full kitchen, living and sleeping area, and full bathroom. On-site parking serves the commercial and residential components. The property is located just off Madison Avenue in downtown Greenwood, providing access to the surrounding commercial corridor while supporting a live-work arrangement or separate residential use.
The upper residence includes a full kitchen, living and sleeping area, and full bathroom. On-site parking serves the commercial and residential components. The property is located just off Madison Avenue in downtown Greenwood, providing access to the surrounding commercial corridor while supporting a live-work arrangement or separate residential use.
Key Highlights
- Freestanding mixed‑use building with commercial and residential components
- 0.44‑acre property in downtown Greenwood, just off Madison Avenue
- Open commercial suite with private restroom and laundry area
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
764
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Includes a commercial suite, efficiency apartment, and on-site parking.
Where is this mixed-use property located?
The property is located at 484 N Madison Avenue Greenwood, IN.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: Freestanding mixed‑use building with commercial and residential components; 0.44‑acre property in downtown Greenwood, just off Madison Avenue; Open commercial suite with private restroom and laundry area
