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    Greenwood, IN
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    Greenwood, IN Restaurants for Sale

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    Bargersville, IN Indianapolis, IN Whiteland, IN
    Restaurant Ground Lease Opportunity
    $1,795,000
    5,098 SF

    Restaurant Ground Lease Opportunity

    874 S State Rd 135, Greenwood, IN 46143

    Restaurant property for sale in a desirable location.

    • Generational location
    • Ground lease opportunity
    • Leased to Applebee's
    • Year built: 2004
    Updated: Mar 4
    View details
    Land Ideal for Retail Use
    $2,200,000
    2.70 Acres

    Land Ideal for Retail Use

    3110 W Smith Valley Rd, Greenwood, IN 46142

    2.70 acres suitable for retail, restaurants, or car wash.

    • Ideal for retail, restaurants, car wash, or other high‑visibility businesses.
    • High traffic counts on W. Smith Valley Road.
    • Located on 2.70 acres across 3 parcels.
    • Adjacent to CVS and proposed drive will connect to Marlin Drive.
    • Potential for additional acreage to the west.
    Updated: Oct 25, 2023
    View details
    Land Near High-Traffic Area
    $995,000
    2.00 Acres

    Land Near High-Traffic Area

    Two-acre commercial land suitable for retail or office development.

    3124 W Smith Valley Road, Greenwood, IN 46142
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Greenwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Turnkey Greek Restaurant Business
    $225,000

    Turnkey Greek Restaurant Business

    Profitable, fully equipped restaurant for sale near Highway 135.

    524 E Old Plank Rd, Bargersville, IN 46106
    View details
    Freestanding Dunkin' Investment Property
    $2,226,000
    2,100 SF

    Freestanding Dunkin' Investment Property

    NNN leased Dunkin' with drive-thru in Indianapolis.

    8134 E Southport Rd, Indianapolis, IN
    View details
    Restaurant Building Near University For Sale
    Contact for pricing
    2,000 SF

    Restaurant Building Near University For Sale

    Freestanding restaurant building near the University of Indianapolis for sale.

    4022 Shelby St, Indianapolis, IN
    View details
    Restaurant Building Near University For Sale
    Contact for pricing
    2,000 SF

    Restaurant Building Near University For Sale

    Freestanding restaurant building with liquor license, near University of Indianapolis.

    4022 Shelby St, Indianapolis, IN 46227
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land on Kentucky
    $325,000
    0.53 Acres

    Prime Commercial Land on Kentucky

    Two adjacent lots totaling 0.53 acres on Indianapolis' Southwest corridor.

    3049 Kentucky Avenue, Indianapolis, IN 46221
    View details
    Commercial Land in Indianapolis
    $74,000
    0.12 Acres

    Commercial Land in Indianapolis

    0.12-acre commercial lot suitable for various business uses.

    1401 S Meridian Street, Indianapolis, IN 46225
    View details
    Residential Lot in Indianapolis
    $54,900
    0.38 Acres

    Residential Lot in Indianapolis

    Centrally located lot ideal for building a dream home.

    5300 Southeastern Avenue, Indianapolis, IN 46203
    View details
    Prime Land Parcel in Plainfield
    $1,995,000
    2.72 Acres

    Prime Land Parcel in Plainfield

    2.72 acre commercial land parcel in Plainfield, Indiana.

    1771 Quaker Boulevard, Plainfield, IN 46168
    View details

    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.

    988 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,180 SF Lot: 0.55 Acres
    Value Estimation by Request

    988 Main St, Greenwood, IN 46143-1501

    View details
    920 Us Hwy 31st N
    RESTAURANT
    6,201 SF Lot: 1.15 Acres
    Estimated value
    $500,000

    920 Us Hwy 31st N, Greenwood, IN 46142-4403

    View details
    1293 State Rd 135
    RESTAURANT
    2,170 SF Lot: 0.70 Acres

    1293 State Rd 135, Greenwood, IN 46142-1020

    View details
    330 State Rd 135
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,584 SF Lot: 0.92 Acres
    Value Estimation by Request

    330 State Rd 135, Greenwood, IN 46142-1422

    View details
    1691 Curry Rd
    RESTAURANT
    6,323 SF Lot: 1.80 Acres
    Estimated value
    $2,675,000

    1691 Curry Rd, Greenwood, IN 46143-9519

    View details
    1035 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,800 SF Lot: 0.92 Acres
    Value Estimation by Request

    1035 Main St, Greenwood, IN 46143-9757

    View details
    3157 County Line Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,135 SF Lot: 0.77 Acres
    Value Estimation by Request

    3157 County Line Rd, Greenwood, IN 46142

    View details
    1839 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,936 SF Lot: 1.74 Acres
    Estimated value
    $565,000

    1839 Main St, Greenwood, IN 46143-8560

    View details
    765 County Line Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,675 SF Lot: 0.81 Acres
    Value Estimation by Request

    765 County Line Rd, Greenwood, IN 46142-4362

    View details
    102 Madison Ave
    RESTAURANT
    2,728 SF Lot: 0.21 Acres
    Value Estimation by Request

    102 Madison Ave, Greenwood, IN 46142-3571

    View details
    601 Greenwood Park N Dr
    RESTAURANT
    7,907 SF Lot: 1.15 Acres
    Estimated value
    $1,935,000

    601 Greenwood Park N Dr, Greenwood, IN 46142

    View details
    188 Madison Ave
    RESTAURANT
    1,400 SF Lot: 0.03 Acres
    Value Estimation by Request

    188 Madison Ave, Greenwood, IN 46142-3573

    View details
    1694 Main St
    RESTAURANT
    4,880 SF Lot: 0.75 Acres
    Estimated value
    $780,000

    1694 Main St, Greenwood, IN 46142-1449

    View details
    718 Us Hwy 31st N
    RESTAURANT
    Lot: 1.13 Acres
    Estimated value
    $1,700,000

    718 Us Hwy 31st N, Greenwood, IN 46142-3935

    View details
    101 State Rd 135
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,556 SF Lot: 1.03 Acres
    Value Estimation by Request

    101 State Rd 135, Greenwood, IN 46142

    View details
    137 Madison Ave
    RESTAURANT
    5,882 SF Lot: 0.24 Acres
    Estimated value
    $985,000

    137 Madison Ave, Greenwood, IN 46142-3572

    View details
    902 State Rd 135
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,100 SF Lot: 0.98 Acres
    Value Estimation by Request

    902 State Rd 135, Greenwood, IN 46142-1315

    View details
    1065 Southpark Dr
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,697 SF Lot: 1.02 Acres
    Value Estimation by Request

    1065 Southpark Dr, Greenwood, IN 46143-9057

    View details
    2191 Independence Dr
    RESTAURANT
    Lot: 0.97 Acres
    Value Estimation by Request

    2191 Independence Dr, Greenwood, IN 46143-3403

    View details
    160 Marlin Dr
    RESTAURANT
    10,085 SF Lot: 1.94 Acres
    Estimated value
    $705,000

    160 Marlin Dr, Greenwood, IN 46142-1451

    View details
    1695 Meridian Oaks Dr
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,201 SF Lot: 0.80 Acres
    Value Estimation by Request

    1695 Meridian Oaks Dr, Greenwood, IN 46142-2101

    View details

    Greenwood, IN Restaurants Investment Opportunities Market Analysis

    Explore 72 restaurants for sale in Greenwood, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,098 square feet of properties for sale, with an estimated market value of $1,795,000.

    Sale prices for restaurant properties in Greenwood, IN start at $1,795,000, averaging $1,795,000, and reaching up to $1,795,000 — 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

    Conventional restaurants 2
    Turn key restaurants 2
    Coffee shops 1
    Drive through restaurants 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    46142 $1.6M
    46143 $1.8M

    Taxes & Financing

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

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