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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: Jan 6
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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: Dec 31, 2025
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Medical/Retail Space Near New Development
$2,350,000

Medical/Retail Space Near New Development

Combination medical and retail space near Greenwood's new "The Madison".

1000 Us Highway 31 S, Greenwood, IN 46143
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Based on your search, we've compiled 88 Potential Opportunities for your consideration. Besides 3 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.

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
Versatile Commercial Building on High-Traffic Corridor
$550,000
1,680 SF

Versatile Commercial Building on High-Traffic Corridor

Freestanding 1,680 SF building on 0.49 acres in Indianapolis.

6004 S East St, Indianapolis, IN 46227
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Prime Commercial Corner Lot
$449,900
1,432 SF

Prime Commercial Corner Lot

High-visibility corner lot with immediate I-69 access in Martinsville.

9393 N Waverly Park Rd, Martinsville, IN 46151
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Downtown Martinsville Mixed-Use
$675,000
9,968 SF

Downtown Martinsville Mixed-Use

9,968 sq ft, Updated, Prime Location

160 Morgan St, Martinsville, IN 46151
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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 Us Hwy 31st N

1230 Us Hwy 31st N

RETAIL STORES (PERSONAL SERVICES) • 3,168 SF
Value Estimation
$510,000
1230 Us Hwy 31st N, Greenwood, IN 46142-4501
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1031 Greenwood Spgs Dr

1031 Greenwood Spgs Dr

RETAIL STORES (PERSONAL SERVICES) • 15,212 SF
Value Estimation
$1,690,000
1031 Greenwood Spgs Dr, Greenwood, IN 46143-6249
View details
736 Loews Blvd

736 Loews Blvd

RETAIL STORES (PERSONAL SERVICES) • 9,982 SF
Value Estimation
$1,060,000
736 Loews Blvd, Greenwood, IN 46142-3945
View details
49 State Rd 135

49 State Rd 135

RETAIL STORES (PERSONAL SERVICES) • 816 SF
Value Estimation by Request
49 State Rd 135, Greenwood, IN 46142-1458
View details
81 State Rd 135

81 State Rd 135

RETAIL STORES (PERSONAL SERVICES) • 1,908 SF
Value Estimation by Request
81 State Rd 135, Greenwood, IN 46142-1402
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459 State Rd 135

459 State Rd 135

RETAIL STORES (PERSONAL SERVICES) • 10,050 SF
Value Estimation
$815,000
459 State Rd 135, Greenwood, IN 46142-1425
View details
1282 Greenwood Park W Dr

1282 Greenwood Park W Dr

RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
Value Estimation by Request
1282 Greenwood Park W Dr, Greenwood, IN 46142-4520
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1229 Blf Rd

1229 Blf Rd

RETAIL STORES (PERSONAL SERVICES) • 2,240 SF
Value Estimation by Request
1229 Blf Rd, Greenwood, IN 46142-7748
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2900 Fairview Pl

2900 Fairview Pl

RETAIL STORES (PERSONAL SERVICES) • 2,656 SF
Value Estimation by Request
2900 Fairview Pl, Greenwood, IN 46142-1322
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899 Loews Blvd

899 Loews Blvd

RETAIL STORES (PERSONAL SERVICES) • 11,136 SF
Value Estimation
$910,000
899 Loews Blvd, Greenwood, IN 46142-3948
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176 180th W Main St

176 180th W Main St

RETAIL STORES (PERSONAL SERVICES) • 2,368 SF
Value Estimation by Request
176 180th W Main St, Greenwood, IN 46142
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223 Main St

223 Main St

RETAIL STORES (PERSONAL SERVICES) • 2,940 SF
Value Estimation by Request
223 Main St, Greenwood, IN 46142-3157
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156 Marlin Dr

156 Marlin Dr

RETAIL STORES (PERSONAL SERVICES) • 442 SF
Value Estimation by Request
156 Marlin Dr, Greenwood, IN 46142-1451
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1298 Us Hwy 31st N

1298 Us Hwy 31st N

RETAIL STORES (PERSONAL SERVICES) • 4,800 SF
Value Estimation
$555,000
1298 Us Hwy 31st N, Greenwood, IN 46142-4501
View details
1004 Us Hwy 31st S

1004 Us Hwy 31st S

RETAIL STORES (PERSONAL SERVICES) • 4,700 SF
Value Estimation
$565,000
1004 Us Hwy 31st S, Greenwood, IN 46143-2407
View details
211 Main St

211 Main St

RETAIL STORES (PERSONAL SERVICES) • 896 SF
Value Estimation by Request
211 Main St, Greenwood, IN 46142-3129
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1230 Hwy 31

1230 Hwy 31

Individual retail properties • 31,346 SF
Value Estimation by Request
1230 Hwy 31, Greenwood, IN 46142
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700 Us Hwy 31st S

700 Us Hwy 31st S

RETAIL STORES (PERSONAL SERVICES) • 15,125 SF
Value Estimation
$1,650,000
700 Us Hwy 31st S, Greenwood, IN 46143-2401
View details
1221 Madison Ave

1221 Madison Ave

RETAIL STORES (PERSONAL SERVICES) • 2,138 SF
Value Estimation by Request
1221 Madison Ave, Greenwood, IN 46142-4305
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152 Madison Ave

152 Madison Ave

RETAIL STORES (PERSONAL SERVICES) • 4,480 SF
Value Estimation by Request
152 Madison Ave, Greenwood, IN 46142-3590
View details
625 State Rd 135

625 State Rd 135

RETAIL STORES (PERSONAL SERVICES) • 3,652 SF
Value Estimation
$545,000
625 State Rd 135, Greenwood, IN 46142-1429
View details

Greenwood, IN Retail Space Investment Opportunities Market Analysis

Explore 84 retail space for sale in Greenwood, IN, showcased through 3 active listings 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.

Sale 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 stay ahead with the latest data and market trends.

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