Greenwood, IN
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    Greenwood, IN Retail Properties & Spaces for Sale

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    Bargersville, IN Indianapolis, IN Whiteland, IN
    18 results
    Greenwood Retail/Office Investment Opportunity
    $1,250,000
    7,500 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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    Greenwood Retail/Office Opportunity
    $775,000
    4,400 SF

    Greenwood Retail/Office Opportunity

    4978 W Smith Valley Road, Greenwood, IN 46142

    4400 SF building on nearly an acre in Greenwood.

    • 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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    Prime Commercial Land Opportunity
    $1,125,000
    4,400 SF

    Prime Commercial Land Opportunity

    1.7 acres with 4400 SF building in Greenwood, IN.

    4978 West Smith Valley Road, Greenwood, IN 46142
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    Greenwood Mixed-Use Redevelopment Opportunity
    $350,000
    2,429 SF

    Greenwood Mixed-Use Redevelopment Opportunity

    Mixed-use property in Greenwood's revitalizing Old Town corridor.

    100 E Main Street, Greenwood, IN 46143
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    Greenwood Retail Opportunity For Sale
    Contact for pricing
    2,368 SF

    Greenwood Retail Opportunity For Sale

    2,368 SF retail space in Greenwood, Indiana for sale.

    176 -180 W Main Street, Greenwood, IN 46142
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    Greenwood Retail Building with Warehouse
    $3,500,000
    19,500 SF

    Greenwood Retail Building with Warehouse

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

    645 U.S. Highway 31 North, Greenwood, IN 46142
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    Shops on Meridian Retail Property
    $2,210,000
    4,051 SF

    Shops on Meridian Retail Property

    Fully leased retail property with national tenants in Greenwood, Indiana.

    201 S State Rd 135, Greenwood, IN 46142
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    Greenwood Retail Opportunity
    $1,575,000
    5,000 SF

    Greenwood Retail Opportunity

    Retail property for sale in Greenwood, Indiana.

    1000 N State Road 135, Greenwood, IN 46142
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    Greenwood Commercial Property on US-31
    $2,350,000
    12,293 SF

    Greenwood Commercial Property on US-31

    Combination medical office and retail space in high-growth Greenwood, Indiana.

    1000 Us Highway 31 S, Greenwood, IN 46143
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    Greenwood Commercial Building with Warehouse
    $3,500,000
    19,500 SF

    Greenwood Commercial Building with Warehouse

    High-visibility commercial property with retail and warehouse space for sale.

    645 US-31, 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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    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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    Stabilized Retail Strip Center
    $8,795,000
    51,580 SF

    Stabilized Retail Strip Center

    Neighborhood strip center in Greenwood, Indiana, with diversified retail.

    707 S Madison Ave, Greenwood, IN 46143
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    Greenwood Commercial Opportunity
    $1,575,000
    5,000 SF

    Greenwood Commercial Opportunity

    2 acres with retail building and development potential.

    1000 North State Road 135, Greenwood, IN 46142
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    Prime Commercial Land Opportunity
    $1,125,000
    4,400 SF

    Prime Commercial Land Opportunity

    1.7 acres with 4400 SF building near I-69.

    4976 W Smith Valley Road, Greenwood, IN 46142
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    Medical/Retail Space Near New Development
    $2,350,000
    12,293 SF

    Medical/Retail Space Near New Development

    Highly visible medical/retail space near Greenwood's new $83M development.

    1000 Us Highway 31 S, Greenwood, IN 46143
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    Land Ideal for Retail Use
    $2,200,000
    2.70 Acres

    Land Ideal for Retail Use

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

    3110 W Smith Valley Rd, Greenwood, IN 46142
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    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
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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Greenwood, IN, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

    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

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    3115 Meridian Parke Dr
    SHOPPING CENTER, STRIP CENTER
    31,496 SF Lot: 4.57 Acres

    3115 Meridian Parke Dr, Greenwood, IN 46142-9498

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    61 Mckinley St
    AUTO REPAIR, GARAGE
    2,160 SF Lot: 0.23 Acres
    Value Estimation by Request

    61 Mckinley St, Greenwood, IN 46143-1325

    View details
    172 Melody Ave
    SHOPPING CENTER, STRIP CENTER
    14,240 SF Lot: 2.62 Acres
    Estimated value
    $3,005,000

    172 Melody Ave, Greenwood, IN 46142-2138

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    155 Melody Ave
    AUTO REPAIR, GARAGE
    23,849 SF Lot: 2.21 Acres
    Estimated value
    $805,000

    155 Melody Ave, Greenwood, IN 46142-2103

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    1298 Madison Ave
    AUTO REPAIR, GARAGE
    8,902 SF Lot: 0.71 Acres
    Value Estimation by Request

    1298 Madison Ave, Greenwood, IN 46142-4303

    View details

    Greenwood, IN Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 72 retail properties & spaces for sale in Greenwood, IN, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 152,695 square feet of properties for sale, with an estimated market value of $29,045,000.

    Sale prices for stores in Greenwood, IN start at $350,000, averaging $2,234,230, and reaching up to $8,795,000 — 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

    Shopping centers 11
    Automotive properties 5
    Auto shops 4
    Showrooms 3
    Storefront properties 2

    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 $3.5M

    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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