Greenwood, IN
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    Greenwood, IN Storefront Properties for Sale

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    Bargersville, IN Indianapolis, IN Whiteland, IN
    C1 Zoned Retail Storefront
    Contact for pricing
    0.14 Acres
    C1 Zoned Retail Storefront

    176 -180 W Main Street, Greenwood, IN 46142

    Two-address retail property with C-1 zoning, offering flexibility for commercial or service uses subject to approvals.
    • 2,368 SF commercial property at 176 & 180 W Main St in Greenwood
    • C‑1 zoning for a range of potential commercial and investment uses (subject to buyer verification and local approvals)
    • Utilities: natural gas available
    • Rubber roof
    • Parking available via alley access
    Updated: May 27
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    Downtown Greenwood Retail/Office Investment
    $1,250,000
    7,506 SF
    Downtown Greenwood Retail/Office Investment

    640 South Madison Avenue, Greenwood, IN 46142

    Prime retail/office space in downtown Greenwood with long-term leases.
    • Prime downtown Greenwood location with high street visibility and foot traffic.
    • Leased through at least October 2027, with part of the main building leased through Nov. 2030, providing immediate income.
    • Two buildings: a 6,000 sq ft main building and a 1,500 sq ft freestanding secondary building.
    • 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 26
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Greenwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Free-Standing Retail Building Indianapolis
    $2,100,000
    10,125 SF
    Free-Standing Retail Building Indianapolis

    10,125 SF retail building in thriving Indianapolis area.

    505 E. Thompson Rd., Indianapolis, IN 46227

    View details
    Mooresville, Indiana NNN Investment
    $2,300,000
    2,555 SF
    Mooresville, Indiana NNN Investment

    2,555 SF NNN sale-leaseback property in Mooresville, Indiana.

    366 S Indiana St, Mooresville, IN 46158

    View details
    Freestanding Commercial Building Sale-Leaseback
    $2,300,000
    2,555 SF
    Freestanding Commercial Building Sale-Leaseback

    2,555 SF Mooresville building with NNN lease.

    366 S Indiana St, Mooresville, IN

    View details
    Freestanding Building Near University
    Contact for pricing
    10,344 SF
    Freestanding Building Near University

    Freestanding building across from the University of Indianapolis.

    3808 Shelby St, Indianapolis, IN

    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.

    Commercial Land with Kentucky Ave Frontage
    $325,000
    0.53 Acres
    Commercial Land with Kentucky Ave Frontage

    Two adjacent lots offer C5 General Commercial zoning along SR 67 for high-intensity development uses.

    3049 Kentucky Avenue, Indianapolis, IN 46221

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    Corner Commercial Land Site
    $74,000
    0.12 Acres
    Corner Commercial Land Site

    Corner lot with full frontage on two city streets and utilities available, positioned for a broad range of commercial uses.

    1401 S Meridian Street, Indianapolis, IN 46225

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    C3 Corner Development Land
    $55,000
    0.09 Acres
    C3 Corner Development Land

    Double-lot corner parcels totaling 0.09 acres, zoned C3 and sold together for a flexible commercial buildout.

    2632 N Harding Street, Indianapolis, IN 46208

    View details
    Cleared Commercial Development Land
    $299,500
    0.08 Acres
    Cleared Commercial Development Land

    Cleared, IDEM-approved commercial lot with utilities on site and state road frontage for retail, office, or service development.

    134 W 30th Street, Indianapolis, IN 46208

    View details

    Greenwood, IN Storefront Properties Market Trends and Statistics

    Explore 2 storefront properties for sale in Greenwood, IN on our real estate platform. These investment opportunities span a total of 7,506 square feet of properties for sale, with an estimated market value of $1,250,000.

    Sale prices for retail units in Greenwood, IN start at $1,250,000, averaging $1,250,000, 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

    Shopping centers 12
    Storefront properties 8
    Automotive properties 4
    Auto shops 3
    Showrooms 3

    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 $1.3M

    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 100,000+ square foot range.

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