About This Home

This 0-bedroom, 0-bathroom commercial at 640 S Madison Avenue in Greenwood, IN is listed for $1,250,000. on a 0.95 acres lot.

Key Features

  • 0.95 acre lot
Listing Description

7,506 sq ft Retail/Office located in the heart of downtown Greenwood. This prime location guarantees street visibility, high foot traffic and maximum exposure. Property consists of two buildings: 1.) Main building of 6,000 sq ft. and 2.) Freestanding 1,500 sq ft secondary building.

Building 1 and building 2 are currently leased through at least October 2027, with part of building 1 leased through Nov. 2030. Lit pylon signage is visible from the heavily traveled US 31. Surrounded by other existing shops, restaurants, gas stations and more.

This site is also surrounded by "The Madison", a luxury, mixed-use/live,work,play design, the very first of its kind for downtown Greenwood and the new Greenwood Fieldhouse. The Madison features 18,700 square feet of retail space, and over 400 luxury condominiums, townhomes and apartments. Don't miss out on this lucrative and long-standing Investment Opportunity!

Monthly Cost Estimate

$6,685/mo

20% down · 6.5% · 30 years

Principal$904
Interest$5,417
Insurance$365

Estimates only. Actual payments may vary.

Location

640 S Madison Avenue

Greenwood, IN 46142

Property Details

Parking

Guest

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 640 S Madison Avenue is listed at $1,250,000. The estimated monthly payment is $6,686 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.95 acre lot.

This property is listed by Mark Linder.

ML

Mark Linder

Agent at CENTURY 21 Scheetz

Listed by CENTURY 21 Scheetz · Broker phone: (317) 844-5111 · Broker website

MLS# 22103017· Source: Broker Listing Cooperative®· 165 days on PropertySimple

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

640 S Madison Avenue, Greenwood, IN 46142

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