Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 0-bedroom, 0-bathroom commercial at 640 S Madison Avenue in Greenwood, IN is listed for $1,250,000 ($167 per sqft). the home offers 7,500 sqft of living space on a 0.95 acres lot.

Agent 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!

Key Features

  • 0.95 acre lot

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 ($167/sqft). The estimated monthly payment is $5,417 based on 20% down at 6.5% interest.

Key features include: 0.95 acre lot.

This property is listed by Mark Linder and can be reached at 3178445111 or marklinderteam@c21scheetz.com.

ML

Mark Linder

Agent at CENTURY 21 Scheetz

(317) 844-5111

Listed by CENTURY 21 Scheetz · View on Broker Site

MLS# 22103017· Source: listhub· Updated 11 days ago

Copyright © 2026 MIBOR Service Corporation. 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

Open this listing in: