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12048838
12048839

523 S Madison Ave, Greenwood, IN 46142

DZ
IN IN RB20001523
CBRE - Indianapolis
Listed by CBRE - Indianapolis
Undisclosed Rate
141 days on market
Updated 141 days ago

The Madison

Building Details
Property Type Retail
Sub Type Retailer, Restaurant
Tenancy Multiple
Total Building SqFt 18,399

Spaces

Coffee Space
3214216
Retail
3214218
Retail
3214220
Retail
3214222
Retail
3214224
Retail
3214226
Wine Bar, Cafe, Grab & Go & Beverage (Corner)
3214228
Wine Bar, Cafe, Grab & Go & Beverage
3214232
Wine Bar, Cafe, Grab & Go & Beverage
3214234
Wine Bar, Cafe, Grab & Go & Beverage (Corner)
3214236
Wine Bar, Cafe, Grab & Go & Beverage
3214238
Wine Bar, Cafe, Grab & Go & Beverage
3214240

Retail | 12 spaces available | 777 SqFt - 3,135 SqFt

Building description

Wellness, Retail & Café Spaces for Lease

• 777-4,300 SF spaces of new first-floor retail in a luxury mixed-use development

• 329 market-rate apartments + 18 townhomes directly above the retail — creating built-in daily demand

• Designed for medical, wellness, beauty, f itness, café, and service-oriented tenants

A Built-In Customer Base

• 300+ residents living on site

• Strong demand for coffee, f itness, beauty, medical, and everyday services

• Ideal for med spa, dental, PT, Pilates, yoga, salons, pet services, therapy, coffee, and grab-and-go food

Greenwood Fieldhouse – A Traffic Generator

Located steps from The Madison:

• Multi-sport indoor complex with:

– Soccer, lacrosse & turf f ields

– Basketball, volleyball & pickleball courts

– Batting cages & golf simulators

– Walking track

• Hosts leagues, tournaments, open gym, and community events

• Seating for 200–300 spectators, driving daily and evening foot traff ic

This creates consistent visits f rom families, athletes, and local residents — perfect for wellness, recovery, f itness, and

café concepts.

Outstanding Access & Visibility

• Located at the convergence of:

– Main Street

– US-31

– Madison Avenue

– Smith Valley Road

• Easy access for patients, clients, and daily service users

• Ideal for appointment-based businesses, f itness studios, and café traff ic

Why The Madison Works

• New-construction storefronts

• Dense residential customer base

• Strong sports & recreation draw

• Walkable downtown Greenwood location

• Designed for modern lifestyle, wellness & service-driven retail

Listing Contacts

DZ
IN IN RB20001523
CBRE - Indianapolis
Listed by CBRE - Indianapolis

Map

Property History

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Additional Information

Name
Diana Zagarzhevskiy
License
IN RB20001523
*All information is deemed reliable but not guaranteed. Lessee to verify all information.
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