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32920031
32920032

640 South Madison Avenue, Greenwood, IN 46142

C21 Commercial
Listed by C21 Commercial
$1,250,000
14 days on market
Updated 1 day ago

7,506 sq ft Retail/Office in Downtown Greenwood!

Details
Property Type Retail, Office
Sub Type Shopping Center, Traditional Office (+1)
Square Footage 7,506
Net Rentable (SqFt) 7,506
Occupancy 100%
Tenancy Multi
Lease Expiration 11/29/2030
Remaining Term 4.5
Year Built 2000
Buildings 1
Stories 1
Acreage 0.900
Zoning Small Detached Retail of Less Than 10,000 Square Feet
Investment Type Owner/User
Ground Lease No
Sale Condition For sale by owner

7,506 sq ft Retail/Office Located in Downtown Greenwood

Marketing 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!

Investment highlights

- Near the Madison which features over 18,000 sq ft of retail space and 400 luxury condominiums, townhomes and apartments

- Near downtown Greenwood

- Walking distance to the new Greenwood Fieldhouse

- Busy traffic intersection of US 31 South and Smith Valley Road

- approximately two miles from I-65

Listing Contacts

C21 Commercial
Listed by C21 Commercial

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