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640 S Madison AVE Greenwood, IN 46142
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Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $160
MLS Listing ID 21981985
Sold Date 11/12/24
Year Built 1998
Tax Year 2023
Lot Size 0.900 Acres
Acres 0.9
Property 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 is at half capacity and building 2 is currently fully leased until Oct 2025. Lit pylon signage is visible from the heavily traveled US 31. Surrounded by other existing shops, restaurants, gas stations and more as well as currently being developed additions, including "The Madison", a luxury, mixed-use/live,work,play design, the very first of its kind for downtown Greenwood. 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!
Location
State IN
County Johnson
Zoning Commercial Medium
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Gas, Sewer Connected, Water Connected
Parking Type Guest Parking
Building
Story 1
New Construction false
Schools
Middle Schools Greenwood Middle School
High Schools Greenwood Community High Sch
School District Greenwood Community Sch Corp
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