645 US Hwy 31 N, Greenwood, IN — Sale in Greenwood, IN

  • Price: $3.5M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Greenwood, IN 46142
  • Size: 19,500 SF
  • Year built: 1980

Investment Figures

Price per square foot
$179
Price per unit
$1,750,000 across 2 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Rare opportunity to acquire a high visibility commercial retail building with warehouse along Greenwood’s high-traffic US 31 corridor. This ±19,500 SF commercial property sits on approximately 1.13 acres and provides stable cash flow from two established tenants. Built in 1980, this retail building has a spacious lighting retail showroom plus extensive warehouse with mezzanine storage, ideal for serving Greenwood and the greater Indianapolis market. Ohio based Gross Lighting and Home currently leases 14,320 sf while Indiana Brazilian Jiu Jitsu Academy occupies 5000 sf of front retail space. Great opportunity for stable asset now with potential for future growth. Building SF: 19500 | Land Size: 1.13 Ac | Year Built: 1980 | Listing Type: FOR SALE

Market Context

This industrial in Greenwood, IN is listed for sale at $3,500,000 across 19,500 SF ($179/SF). The building dates to 1980. It has been on the market for 71 days. Compare it against other industrial listings for sale in Greenwood, IN — view the full market.

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