First-Floor Retail in
For Lease
Contact for pricing
523 S Madison Ave, Greenwood, IN 46142
New first-floor retail suites are available within a luxury mixed-use building with residential units above.
Property Size1,276 SF
Days on Market143
Property Features for 523 S Madison Ave
General Information
Standard status
Active
Size
1,276 SF
Property subtype
RETAIL
Listing Agency:
CBRE | Indianapolis
(317) 518-6257
Listed By:
Diana Zagarzhevskiy · License #RB20001523
(317) 518-6257
Source:
Moodyscre
Added: Mar 10
Changed: Jul 26
Last Checked: Jul 30 at 1:25PM
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.
This offering provides 777 to 4,300 square feet of new first-floor retail space in a luxury mixed-use development. The building includes 329 market-rate apartments and 18 townhomes directly above the retail, creating a built-in daily customer base.
The tenant mix is designed to support medical, wellness, beauty, fitness, café, and service-oriented uses. Multiple suite sizes are available, which can accommodate a range of retail and service footprints within the ground-level layout.
The property is positioned as a street-level retail component of a mixed-use project, with residential units occupying the floors above.
The tenant mix is designed to support medical, wellness, beauty, fitness, café, and service-oriented uses. Multiple suite sizes are available, which can accommodate a range of retail and service footprints within the ground-level layout.
The property is positioned as a street-level retail component of a mixed-use project, with residential units occupying the floors above.
Key Highlights
- 777–4,300 SF new first‑floor retail suites in a luxury mixed‑use development
- Mixed‑use setup includes 329 market‑rate apartments and 18 townhomes directly above the retail
- Retail is designed for medical, wellness, beauty, fitness, café, and service‑oriented tenants
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
826
Businesses Nearby
266
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Village Pantry
Shops & Services
266 visits/mo
0.1 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
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 luxury mixed-use building with residential units 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: 777–4,300 SF new first‑floor retail suites in a luxury mixed‑use development; Mixed‑use setup includes 329 market‑rate apartments and 18 townhomes directly above the retail; Retail is designed for medical, wellness, beauty, fitness, café, and service‑oriented tenants
