First-Floor Retail in
523 S Madison Ave, Greenwood, IN 46142
For Lease
Contact for pricing
New first-floor retail space is available in a luxury mixed-use development above market-rate apartments.
Space Size880 SF
Days on Market250
Property Features for 523 S Madison Ave
General Information
Standard status
Size
Property subtype
Spaces For Lease
at 523 S Madison Ave
Building F
AVAILABLE, Now
Floor
1
Size
880 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- 777-4,300 SF spaces of new first-floor retail in a luxury mixed-use development
- 329 market-rate apartments + 18 townhomes directly above the retail — creating built-in daily demand
- Designed for medical, wellness, beauty, fitness, café, and service-oriented tenants
Contact us
Listing Agency:
CBRE | Indianapolis
(317) 269-1000
Listed By:
Diana Zagarzhevskiy · License IN RB20001523
(317) 518-6257
Source:
Moodyscre
Added: Mar 10
Changed: Nov 10
Last Checked: Nov 12 at 10:35AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A set of 777 to 4,300 square feet first-floor retail spaces is available within a luxury mixed-use development. The property is purpose-designed for tenant use across medical, wellness, beauty, fitness, café, and service-oriented concepts.
The retail is positioned directly below 329 market-rate apartments and 18 townhomes, creating built-in daily demand from residents located above the storefronts.
This is a practical mixed-use configuration with street-level retail opportunities and residential units immediately overhead, supporting consistent customer flow for compatible tenant uses.
The retail is positioned directly below 329 market-rate apartments and 18 townhomes, creating built-in daily demand from residents located above the storefronts.
This is a practical mixed-use configuration with street-level retail opportunities and residential units immediately overhead, supporting consistent customer flow for compatible tenant uses.
Key Highlights
- New first‑floor retail available in a luxury mixed‑use development
- 4,300 SF first‑floor retail space in 777 square‑foot unit sizes
- Retail is directly below 329 market‑rate apartments and 18 townhomes for built‑in daily demand
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
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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
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Market
Properties on Market for Retail space in Greenwood
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - New first-floor retail space is available in a luxury mixed-use development above market-rate apartments.
Where is this retail space 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 in a luxury mixed‑use development; 4,300 SF first‑floor retail space in 777 square‑foot unit sizes; Retail is directly below 329 market‑rate apartments and 18 townhomes for built‑in daily demand
