Greenwood, IN Commercial Real Estate for Lease and Sale

Explore 63 listings of Greenwood commercial real estate to find the best space for your business.

1464 Stones Crossing Road

1464 Stones Crossing Road, Copper Chase, Greenwood, IN
Property

Retail

16,800 SF
Availability

6 Spaces

12,600 SF
For Lease Contact for pricing
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±64,550 SF Industrial Facility for Sublease

1784 E Main St, Southtech Park, Greenwood, IN
Property

Industrial
Availability

1 Space

64,550 SF
For Lease Contact for pricing
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Mixed Use Development Site Available

SEC - US Highway 31 S & Worthsville Rd, Summerfield Village, Greenwood, IN
Property

VacantLand
Availability

1 Space

1,001,880 SF
For Lease Contact for pricing
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1100 N. Bluff Rd.

1100 N Bluff Rd, Mount Pleasant, Greenwood, IN
Property

VacantLand
For Sale

$1,986,250
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Office Coworking Retail Industrial

Office Industrial Land
Office for Lease

450 South State Road 135, Menards Commercial, Greenwood, IN
Property

Office

10,560 SF
Availability

1 Space

2,365 SF
For Lease

$15.00/SF/YR
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998 Gerdt Court

998 Gerdt Court, Precedent South Business Center, Greenwood, IN
Property

Industrial

132,000 SF
Availability

2 Spaces

198,000 SF
Year Built

2016
For Lease Contact for pricing
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Fairview Rd. & Western Blvd

W Fairview Rd & Western Blvd, The Marketplace, Greenwood, IN
Property

VacantLand
For Sale Contact Broker
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107 North State Road 135

107 North State Road 135, Dhonts Willow Creek, Greenwood, IN
Property

Office

51,840 SF
Availability

1 Space

10,667 SF
Year Built

2003
For Lease

$12,000.38/MO
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Indiana American Office Park - Buildings 2, 3 & 4

533 East County Line Road, Indiana American Office Parke, Greenwood, IN
Property

Office

91,404 SF
Availability

3 Spaces

9,414 SF
Year Built

2001
For Lease Contact for pricing
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Southpoint Business Park - Greenwood 500

764 North Graham Road, Southtech Park, Greenwood, IN
Property

Industrial

511,680 SF
Availability

1 Space

511,680 SF
Year Built

2017
For Lease Contact for pricing
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201 S. SR 135

201 S. SR 135, Villa Heights, Greenwood, IN
Property

Retail

4,051 SF
Availability

1 Space

2,155 SF
For Lease Contact for pricing
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Stand Alone Office & 3 Garages

1506 West Smith Valley Road, Hunting Creek, Greenwood, IN
Property

Other

8,670 SF
For Sale

$1,200,000
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Main St & Graham Rd

Main St & Graham Rd, Precedent South Business Center, Greenwood, IN
Property

VacantLand
For Sale

$1,990,000
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1040 Greenwood Springs Blvd.

1040 Greenwood Springs Blvd., Greenwood Springs, Greenwood, IN
Property

Office

18,174 SF
Availability

3 Spaces

17,923 SF
For Lease

$21.00 - $22.00/SF/YR
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Park 1401

1401 West County Line Road, Rosengarten, Greenwood, IN
Property

Office

38,000 SF
Availability

4 Spaces

13,005 SF
Year Built

2006
For Lease

$22.00/SF/YR
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Worthsville Rd. & Sheek Rd.

Worthsville Rd. & Sheek Rd., Preserve at South Lake, Greenwood, IN
Property

VacantLand
Availability

1 Space

64,904 SF
For Lease Contact for pricing
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Greenwood Center

707 S. Madison, Crossmans, Greenwood, IN
Property

Retail

51,580 SF
Availability

1 Space

1,155 SF
For Lease

$20.00/SF/YR
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Greenwood Office/Retail for Lease

1672 Stonegate Drive, Timber Creek Village, Greenwood, IN
Property

Office

10,348 SF
Availability

1 Space

2,450 SF
For Lease

$14.00/SF/YR
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373 Meridian Parke Ln. Condo A

373 Meridian Parke Ln , Meridian Park, Greenwood, IN
Property

Office

6,330 SF
Year Built

1998
For Sale

$1,100,000
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The Madison

The Madison, Greenwood Community Complex, Greenwood, IN
Property

Retail

18,401 SF
Availability

5 Spaces

18,401 SF
Year Built

2023
For Lease Contact for pricing
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800 Commerce Parkway West Drive

800 Commerce Parkway West Drive, Precedent South Business Center, Greenwood, IN
Property

Industrial

795,237 SF
Availability

1 Space

234,000 SF
Year Built

2006
For Lease Contact for pricing
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642 Chaney Avenue

642 Chaney Avenue, Southtech Park, Greenwood, IN
Property

Industrial

232,500 SF
Availability

1 Space

107,880 SF
Year Built

2017
For Lease Contact for pricing
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Worthsville Rd. & Sheek Rd.

Worthsville Rd. & Sheek Rd., Preserve at South Lake, Greenwood, IN
Property

VacantLand
For Sale Contact Broker
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313 Western Blvd

313 Western Blvd, Fairview West Commercial, Greenwood, IN
Property

Office

5,104 SF
Availability Contact for availability
Year Built

2005
For Lease Contact for pricing
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1670-1692 Stonegate Drive

1670-1692 Stonegate Drive, Timber Creek Village, Greenwood, IN
Property

Office

10,348 SF
Availability

1 Space

2,450 SF
For Lease

$15.00/SF/YR
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243 S Madison Avenue

243 S Madison Avenue, Greenwood Community Complex, Greenwood, IN
Property

Retail

5,234 SF
Availability

1 Space

5,234 SF
For Lease

$23.00/SF/YR
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2234 Sheek road

2234 Sheek road, The Meadows at Bainbridge, Greenwood, IN
Property

VacantLand
For Sale

$962,500
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1300 Innovation Pkwy, Greenwood, IN 46143, USA

1300 Innovation Pkwy, Innovation Park, Greenwood, IN
Property

Other
Availability

1 Space

24,385 SF
For Lease Contact for pricing
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Somerset Shoppes

1 N State Road 135, Meridian Oaks, Bargersville, IN
Property

Retail

30,000 SF
Availability

1 Space

10,000 SF
For Lease Contact for pricing
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102 E Broadway St

102 E Broadway St, John B Rubush, Greenwood, IN
Property

Industrial

4,888 SF
Year Built

1965
For Sale

$575,000
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CVS Outlot-Greenwood

640 S. SR 135, Menards Commercial, Greenwood, IN
Property

VacantLand
For Sale Contact Broker
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New Construction Industrial Building Ready for Occupancy

703 N Graham Road Indianapolis, South Point Business Park, Indianapolis, IN
Property

Industrial
Availability

1 Space

45,402 SF
Year Built

2022
For Lease Contact for pricing
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The Signature Building

1530 American Way, South Park Business Center, Greenwood, IN
Property

Office

45,584 SF
Availability

1 Space

3,646 SF
Year Built

2008
For Lease Contact for pricing
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780 U.S. 31 South

780 U.S. 31 South, Stout's Commercial, Greenwood, IN
Property

Retail

8,217 SF
Availability

1 Space

8,217 SF
Year Built

1995
For Lease Contact for pricing
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Greenwood Commerce Center

65 Airport Pkwy, Greenwood Commerce Center, Greenwood, IN
Property

Office

48,436 SF
Availability

2 Spaces

5,613 SF
Year Built

1990
For Lease

$16.00/SF/YR
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Greenbrooke Medical Pavilion

701 East County Line Road, Indiana American Office Parke, Greenwood, IN
Property

Office

94,238 SF
Availability

1 Space

11,216 SF
Year Built

2007
For Lease Contact for pricing
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3209 West Smith Valley Road
Yeager
3209 West Smith Valley Road, Greenwood, IN
Services

Open Workspace

Meeting Room

Private Office
Amenities

Complimentary coffee & tea

Heating & A/C

High-speed internet

Mail services

Parking
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Southtech Business Park - Building 6

2018 East Main Street, Southtech Park, Greenwood, IN
Property

Industrial

141,622 SF
Availability

1 Space

141,622 SF
For Lease Contact for pricing
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N. Five Points Rd.

N. Five Points Rd., Rocklane, Greenwood, IN
Property

VacantLand

2,178,000 SF
For Sale

Subject to Offer
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Cubework Greenwood

650 Commerce Parkway East Drive, Precedent South Business Center, Greenwood, IN
Property

Industrial

235,000 SF
Availability

1 Space

100,000 SF
Year Built

2014
For Lease Contact for pricing
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Southtech Business Park - Building 7

2232 East Main Street, Southtech Park, Greenwood, IN
Property

Industrial

144,222 SF
Availability

1 Space

144,222 SF
For Lease Contact for pricing
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650 Commerce Parkway East Drive
Cubework
650 Commerce Parkway East Drive, Greenwood, IN
Services

Meeting Room

Private Office

Dedicated Desk
Amenities

Cleaning services

Complimentary coffee & tea

Game room

Gym

High-speed wifi

Loading docks

Lockers

Mail services

Parking

Printer
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I-69 and Olive Branch Rd

I-69 and Olive Branch Rd, Bluff Acres, Greenwood, IN
Property

VacantLand

204.81 Acre
For Sale Contact for pricing
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Wakefield Development

Smith Valley Road & Morgantown Road, Wakefield, Greenwood, IN
Property

VacantLand

4.8 Acre
Availability

2 Spaces

4.8 Acre
For Lease Contact for pricing
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Greenwood Park at 65 South - Building 6

1175 Collins Road, Harold Minor, Greenwood, IN
Property

Industrial

584,820 SF
Availability

1 Space

584,820 SF
Year Built

2022
For Lease Contact for pricing
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Modern Industrial Distribution Facility

497 Chaney Ave, Southtech Park, Greenwood, IN
Property

Industrial
Availability

1 Space

53,940 SF
For Lease Contact for pricing
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2+/- Acre Lot Zoned IC - Greenwood IN

Commerce Parkway West Dr, Precedent South Business Center, Greenwood, IN
Property

VacantLand
For Sale

$899,000
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W. County Line Rd.

W. County Line Rd., Silver Springs, Greenwood, IN
Property

VacantLand

1,836,925 SF
For Sale

$2,499,000
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373 Meridian Parke Lane

373 Meridian Parke Lane, Meridian Park, Greenwood, IN
Property

Office

5,864 SF
Availability

1 Space

5,864 SF
For Lease Contact for pricing
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I-65 & Main St

I-65 & Main St, Precedent South Business Center, Greenwood, IN
Property

Unassigned
For Sale Contact for pricing
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795 N Emerson Ave

795 N Emerson Ave, Greenwood Springs, Greenwood, IN
Property

VacantLand

7 Acre
For Sale Contact for pricing
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601 N Emerson Avenue

601 N Emerson Avenue, Greenwood Springs, Greenwood, IN
Property

VacantLand
For Sale

$799,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Greenwood commercial real estate market incorporates 373,917 square feet of office space across 13 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Greenwood commercial real estate market includes 382,184 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Greenwood market, there is a total of 2,878,059 square feet of industrial property.

The listing inventory in Greenwood incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Greenwood is represented by Industrial space, which accounts for 2,660,876 square feet of available listings. Retail space available in Greenwood adds up to 95,190 square feet.

Meanwhile, most of the listings of commercial property for sale in Greenwood are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Greenwood is $21.73 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Greenwood can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Greenwood, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Greenwood is in the Copper Chase neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Rosengarten area.

Meanwhile, retail space opportunities are most abundant in the Copper Chase submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Southtech Park.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $25 per square foot. In particular, the property type commanding the highest lease rates in Greenwood was Office space.

Conversely, the highest sale price last year was $8,911,000 that is located at 555 East County Line Road.

The average size of a commercial property in Greenwood depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Greenwood, the average size of an office property is 33,993 square feet.
Retail properties here incorporate an average of 31,849 square feet.
Industrial space in Greenwood is in buildings that are, on average 261,642 square feet in size.

Greenwood, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Greenwood currently add up to 4,729,174 square feet. The market offers 12 active office listing(s), which amount to 90,629 square feet and account for 29% of commercial spaces on the market. Local retail availability includes 92,592 square feet across 11 retail space(s). Industrial space for rent opportunities in Greenwood amount to 3,245,696 square feet across a total of 14 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	12	90,629
Retail	11	92,592
Industrial	14	3,245,696
Other	4	1,300,257

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Greenwood, IN. Currently, there is 4,090,075 square feet of commercial property for sale here , which includes 1 office building(s) for sale , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	6,330
Industrial	2	59,938
Other	14	4,023,807

Greenwood, IN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Greenwood, IN?

What factors affect the price of commercial real estate in Greenwood, IN?

What is the average rent for commercial space in Greenwood, IN?

What are the best areas for commercial real estate in Greenwood, IN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Greenwood, IN?

Greenwood, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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