645 U.S Highway 31 North Greenwood, IN 46142

Building Details

Year Built

1980

Listing office Indy Metro Northeast dba Keller Williams Realty s***@kw.com Show Phone

Listing date Mar 4, 2026

Source Realnex

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Investment Insights

Based on property information with market context.

This commercial property, constructed in 1980, is located along the high-traffic US 31 corridor in Greenwood. The building has a total area of approximately 19,500 square feet and sits on approximately 1.13 acres. It features a spacious, well-lit retail showroom and an extensive warehouse area with mezzanine storage. Currently, the property is occupied by two established tenants. Gross Lighting and Home, based in Ohio, leases 14,320 square feet, while Indiana Brazilian Jiu Jitsu Academy occupies 5,000 square feet of front retail space. The property offers stable cash flow and potential for future growth, making it suitable for serving Greenwood and the greater Indianapolis market.

Key Highlights

• High‑visibility location on Greenwood's high‑traffic US 31 corridor.
• Stable cash flow from two established tenants.
• ±19,500 SF commercial property with retail and warehouse space.

Property Analytics

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FAQs

What type of property is this?

Showroom - High-visibility commercial property with stable income and growth potential.

Where is this showroom located?

The property is located at 645 U.S Highway 31 North Greenwood, IN.

What is the asking price?

The asking price for this property is $3,500,000.

What are key features of this property?

This property features: High‑visibility location on Greenwood's high‑traffic US 31 corridor.; Stable cash flow from two established tenants.; ±19,500 SF commercial property with retail and warehouse space.