First-Floor Retail in Mixed-Use
For Lease
Contact for pricing
523 S Madison Ave, Greenwood, IN 46142
New first-floor retail suites are available within a mixed-use building featuring residences directly above.
Space Size1,690 SF
Days on Market186
Property Features for 523 S Madison Ave
General Information
Standard status
Active
Size
1,690 SF
Property subtype
RETAIL
Spaces For Lease
at 523 S Madison Ave Contact us- Floor
- 1
- Size
- 1,690 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
Building E South
- 777-4,300 SF spaces of new first-floor retail in a luxury mixed-use development
-...
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Contact us
Listing Agency:
CBRE | Indianapolis
(317) 269-1000
Listed By:
Diana Zagarzhevskiy · License #RB20001523
(317) 518-6257
Source:
Moodyscre
Added: Mar 10
Changed: Aug 26
Last Checked: Sep 10 at 8:57AM
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 CBRE | Indianapolis
Investment Insights
Based on property information with market context.
New first-floor retail space is available in a luxury mixed-use development, offering 777–4,300 SF of retail options. The property includes residential units directly above the retail, creating consistent built-in daily demand. The space is designed to support a range of service-oriented uses, including medical, wellness, beauty, fitness, café, and other service tenants.
The development is located at 523 S Madison Ave in Greenwood, IN, with 329 market-rate apartments and 18 townhomes positioned above the retail component.
With a retail-first configuration and a built-in residential base, the available suites are well-suited for tenants seeking day-to-day foot traffic generated by the on-site community.
The development is located at 523 S Madison Ave in Greenwood, IN, with 329 market-rate apartments and 18 townhomes positioned above the retail component.
With a retail-first configuration and a built-in residential base, the available suites are well-suited for tenants seeking day-to-day foot traffic generated by the on-site community.
Key Highlights
- New first‑floor retail available: 4,300 SF suites in a luxury mixed‑use development
- Mixed‑use setup includes 329 market‑rate apartments and 18 townhomes directly above the retail
- Tenant‑friendly design for medical, wellness, beauty, fitness, café, and service‑oriented businesses
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
92k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Leisure 41%
Apparel 29%
Shops & Services 20%
Dining 10%
Regal Greenwood & RPX
Leisure
37,695 visits/mo
0.5 miles
Goodwill
Apparel
15,579 visits/mo
0.4 miles
DSW Designer Shoe Warehouse
Apparel
9,820 visits/mo
0.5 miles
Dollar General
Shops & Services
9,775 visits/mo
0.5 miles
Buca di Beppo Italian Restaurant
Dining
8,239 visits/mo
0.4 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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - New first-floor retail suites are available within a mixed-use building featuring residences directly above.
Where is this mixed-use property located?
The property is located at 523 S Madison Ave Greenwood, IN.
What are key features of this property?
This property features: New first‑floor retail available: 4,300 SF suites in a luxury mixed‑use development; Mixed‑use setup includes 329 market‑rate apartments and 18 townhomes directly above the retail; Tenant‑friendly design for medical, wellness, beauty, fitness, café, and service‑oriented businesses
