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Greenwood, IN Retail Space for Sale

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

Prime Commercial Opportunity in Greenwood

4978 W Smith Valley Rd, Greenwood, IN 46142

4400 SF building on nearly an acre of land.

  • Ultra‑prime location at the intersection of Smith Valley Road and Morgantown Road.
  • 4400 square foot building suitable for office or retail use.
  • Situated on nearly an acre of land.
  • Priced for a quick sale and future upgrades.
  • Conveniently located within a 20‑minute drive to downtown Indianapolis and the Indianapolis International Airport.
Updated: Dec 19, 2025
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Greenwood Commercial Property on US-31
$2,350,000
12,293 SF

Greenwood Commercial Property on US-31

1000 Us Highway 31 S, Greenwood, IN 46143

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

  • Highly visible location on U.S. 31, near Smith Valley Rd.
  • Located in Greenwood, one of the fastest‑growing Indy‑Metro areas.
  • Proximity to "The Madison", an $83 million mixed‑use development with over 400 residences, shopping, and restaurants.
  • Combination medical office and retail space.
  • Ample parking and signage available.
Updated: Sep 19, 2025
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Based on your search, we've compiled 87 Potential Opportunities for your consideration. Besides 2 Active listings in Greenwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 81 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

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

Corner Retail Building For Sale
$585,000
3,745 SF

Corner Retail Building For Sale

Freestanding retail building at a signalized intersection with high traffic.

7001 Madison Ave, Indianapolis, IN 46227
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Former CVS Stand-Alone Retail Building
Contact for pricing
10,125 SF

Former CVS Stand-Alone Retail Building

Spacious retail building with high visibility and drive-thru.

505 E Thompson Rd | Indianapolis, Indianapolis, IN 46227
View details
Beech Grove Retail Investment Opportunity
$389,900
4,044 SF

Beech Grove Retail Investment Opportunity

Well-maintained retail building in Beech Grove with high visibility.

707 Main St, Beech Grove, IN 46107
View details
Renovated Commercial Asset on Main
$314,000

Renovated Commercial Asset on Main

Meticulously renovated commercial property with long-term NNN lease.

505 Main St, Beech Grove, IN 46107
View details

Explore 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.

1230 Hwy 31

1230 Hwy 31

Individual retail properties • 31,346 SF
Value Estimation by Request
1230 Hwy 31, Greenwood, IN 46142
View details
1266 Madison Ave

1266 Madison Ave

RETAIL STORES (PERSONAL SERVICES) • 7,619 SF
Value Estimation by Request
1266 Madison Ave, Greenwood, IN 46142-4303
View details
378 Western Blvd

378 Western Blvd

RETAIL STORES (PERSONAL SERVICES) • 5,436 SF
Value Estimation by Request
378 Western Blvd, Greenwood, IN 46142-9223
View details
201 State Rd 135

201 State Rd 135

RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
Value Estimation by Request
201 State Rd 135, Greenwood, IN 46142-1421
View details
655 Us Hwy 31st S

655 Us Hwy 31st S

RETAIL STORES (PERSONAL SERVICES) • 10,495 SF
Value Estimation by Request
655 Us Hwy 31st S, Greenwood, IN 46142-3061
View details
330 Us Hwy 31st S

330 Us Hwy 31st S

RETAIL STORES (PERSONAL SERVICES) • 1,657 SF
Value Estimation
$340,000
330 Us Hwy 31st S, Greenwood, IN 46142-3120
View details
1298 Us Hwy 31st N

1298 Us Hwy 31st N

RETAIL STORES (PERSONAL SERVICES) • 4,800 SF
Value Estimation
$395,000
1298 Us Hwy 31st N, Greenwood, IN 46142-4501
View details
899 Loews Blvd

899 Loews Blvd

RETAIL STORES (PERSONAL SERVICES) • 11,136 SF
Value Estimation by Request
899 Loews Blvd, Greenwood, IN 46142-3948
View details
2900 Fairview Pl

2900 Fairview Pl

RETAIL STORES (PERSONAL SERVICES) • 2,656 SF
Value Estimation
$380,000
2900 Fairview Pl, Greenwood, IN 46142-1322
View details
1001 Us Hwy 31st S

1001 Us Hwy 31st S

RETAIL STORES (PERSONAL SERVICES) • 9,104 SF
Value Estimation
$395,000
1001 Us Hwy 31st S, Greenwood, IN 46143-2408
View details
720 State Rd 135

720 State Rd 135

RETAIL STORES (PERSONAL SERVICES) • 15,721 SF
Value Estimation
$6,180,000
720 State Rd 135, Greenwood, IN 46143-9410
View details
620 Us Hwy 31st S

620 Us Hwy 31st S

RETAIL STORES (PERSONAL SERVICES) • 1,296 SF
Value Estimation
$340,000
620 Us Hwy 31st S, Greenwood, IN 46142-3053
View details
736 Loews Blvd

736 Loews Blvd

RETAIL STORES (PERSONAL SERVICES) • 9,982 SF
Value Estimation by Request
736 Loews Blvd, Greenwood, IN 46142-3945
View details
459 State Rd 135

459 State Rd 135

RETAIL STORES (PERSONAL SERVICES) • 10,050 SF
Value Estimation
$435,000
459 State Rd 135, Greenwood, IN 46142-1425
View details
300 Us Hwy 31st S

300 Us Hwy 31st S

RETAIL STORES (PERSONAL SERVICES) • 1,008 SF
Value Estimation
$340,000
300 Us Hwy 31st S, Greenwood, IN 46142-3120
View details
350 Madison Ave

350 Madison Ave

RETAIL STORES (PERSONAL SERVICES) • 25,940 SF
Value Estimation
$565,000
350 Madison Ave, Greenwood, IN 46142-3125
View details
105 Madison Ave

105 Madison Ave

RETAIL STORES (PERSONAL SERVICES) • 2,236 SF
Value Estimation
$360,000
105 Madison Ave, Greenwood, IN 46142-3572
View details
81 State Rd 135

81 State Rd 135

RETAIL STORES (PERSONAL SERVICES) • 1,908 SF
Value Estimation
$430,000
81 State Rd 135, Greenwood, IN 46142-1402
View details
1230 Us Hwy 31st N

1230 Us Hwy 31st N

RETAIL STORES (PERSONAL SERVICES) • 3,168 SF
Value Estimation by Request
1230 Us Hwy 31st N, Greenwood, IN 46142-4501
View details
1010 State Rd 135

1010 State Rd 135

RETAIL STORES (PERSONAL SERVICES) • 14,112 SF
Value Estimation
$405,000
1010 State Rd 135, Greenwood, IN 46143-9416
View details
251 State Rd 135

251 State Rd 135

RETAIL STORES (PERSONAL SERVICES) • 5,746 SF
Value Estimation
$365,000
251 State Rd 135, Greenwood, IN 46142-1304
View details
640 Madison Ave

640 Madison Ave

RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
Value Estimation
$360,000
640 Madison Ave, Greenwood, IN 46142-3073
View details

Greenwood, IN Retail Space Investment Opportunities Market Analysis

Explore 83 retail space for sale in Greenwood, IN on our real estate platform. These investment opportunities span a total of 6,236,753 square feet of properties for sale, with an estimated market value of $29,200,000.

Prices for retail space in Greenwood, IN start at $105,000, averaging $486,666, and reaching up to $6,580,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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