Greenwood, IN
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    Greenwood, IN Office Units for Sale

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    Bargersville, IN Indianapolis, IN Whiteland, IN
    8 listings
    $1,250,000
    7,506 SF
    Greenwood Retail/Office Investment Opportunity

    640 S Madison Avenue, Greenwood, IN 46142

    Prime retail/office space in downtown Greenwood with high visibility.
    • Prime downtown Greenwood location with high foot traffic and street visibility.
    • Two buildings totaling 7,506 sq ft: a 6,000 sq ft main building and a 1,500 sq ft freestanding secondary building.
    • Current leases in place through at least October 2027, with a portion of the main building leased through November 2030.
    • Located near "The Madison", a large mixed‑use development with retail space and over 400 residential units.
    • Lit pylon signage visible from heavily traveled US 31.
    Updated: May 21
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    $775,000
    0.80 Acres
    Freestanding Retail/Office Building

    4978 W Smith Valley Road, Greenwood, IN 46142

    Freestanding building with B-1 zoning on 0.8 acres, positioned at a major road intersection for office or retail use.
    • Ultra‑prime location at the intersection of Smith Valley Road and Morgantown Road.
    • 4400 square foot building on nearly an acre of land.
    • Versatile space suitable for office or retail use.
    • Conveniently located within a 20‑minute drive to downtown Indianapolis and the Indianapolis International Airport.
    • Property is priced to sell quickly, allowing budget for upgrades.
    Updated: Mar 20
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    $799,900
    0.57 Acres
    Commercial Building with Road Frontage

    Visible commercial building off Fry Road with substantial frontage, parking on-site, and flexible layout for multiple business uses.

    730 Fry Road, Greenwood, IN 46142

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    $1,125,000
    74,836.00 Acres
    Freestanding Auto Repair Building

    Former auto repair shop on 3 commercial parcels, suited for redevelopment into office or retail space.

    4978 W Smith Valley Road, Greenwood, IN 46142

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    Warehouse/Office with Tax Abatement
    $1,050,000
    6,000 SF
    Warehouse/Office with Tax Abatement

    6,000 SF warehouse/office with HVAC and tax abatement.

    1257 Airport Parkway, Greenwood, IN

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    $825,000
    0.50 Acres
    Multi-Suite Office Building

    Multi-suite office property with individual suite entrances and independently controlled HVAC for flexible tenant use.

    918 Fry Road, Greenwood, IN 46142

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    Downtown Greenwood Retail/Office Investment
    $1,250,000
    7,506 SF
    Downtown Greenwood Retail/Office Investment

    Prime retail/office space in downtown Greenwood with long-term leases.

    640 South Madison Avenue, Greenwood, IN 46142

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    Prime Commercial Opportunity in Greenwood
    $775,000
    4,400 SF
    Prime Commercial Opportunity in Greenwood

    4400 SF building on nearly an acre in Greenwood.

    4978 W Smith Valley Rd, Greenwood, IN 46142

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 8 Active listings in Greenwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Building Office Portfolio
    $3,500,000
    32,600 SF
    Three-Building Office Portfolio

    Multi-building office portfolio spanning three contiguous parcels, offered individually or together for multi-tenant or owner-user use.

    5101-5105 Madison Ave, Indianapolis, IN 46227

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    Move-in Ready Office Space
    $1,091,160
    624 SF
    Move-in Ready Office Space

    Office space for rent in a prime, park-like setting.

    5226 S East St, Indianapolis, IN

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    Versatile Former Medical Suite
    Contact for pricing
    34,700 SF
    Versatile Former Medical Suite

    Divisible medical suite with access to downtown and interstate.

    7855 S. Emerson Ave. |, Indianapolis, IN 46237

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    Commercial Land with Existing Structure
    $200,000
    0.94 Acres
    Commercial Land with Existing Structure

    Nearly 1-acre commercial parcel in Indianapolis with an existing house and utilities available for office or redevelopment.

    8809 S Meridian Street, Indianapolis, IN 46217

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    Off-Market Properties in Greenwood, IN

    Consider similar Off-Market properties in Greenwood, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    45 Park Blvd
    Medical Office Space
    39,715 SF Lot: 5.20 Acres
    Value Estimation by Request

    45 Park Blvd, Greenwood, IN 46143

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    440 Us 31
    Office Units
    4,102 SF Lot: 4.13 Acres
    Value Estimation by Request

    440 Us 31, Greenwood, IN 46142

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    140 Park Blvd
    Medical Office Space
    86,806 SF Lot: 7.10 Acres
    Value Estimation by Request

    140 Park Blvd, Greenwood, IN 46143

    View details
    698 Oldfield Cmns Dr
    Medical Office Space
    Value Estimation by Request

    698 Oldfield Cmns Dr, Greenwood, IN 46142

    View details
    2020 State Rd 135
    OFFICE (GENERAL)
    16,206 SF Lot: 2.94 Acres
    Estimated value
    $1,405,000

    2020 State Rd 135, Greenwood, IN 46143-6588

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    Greenwood, IN Office Units Investment Opportunities Market Analysis

    Explore 13 office units for sale in Greenwood, IN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 35,211 square feet of properties for sale, with an estimated market value of $6,249,900.

    Sale prices for office units in Greenwood, IN start at $775,000, averaging $1,041,650, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 24
    Medical Office Space 16
    Office buildings 9

    Demographics Overview

    Population 94K
    Population Growth (5Y) +11.0%
    Median Household Income $87,969
    College Educated 52.3%

    High-Yield Neighborhoods for Investment

    Identify Greenwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46142 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.90%
    Property Tax per SF $33.72 per SF
    Tax Rate vs County Average 0.13 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Johnson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Greenwood fall within the 50,000 to 100,000 square foot range.

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