Greenwood, IN Commercial Real Estate for Lease and Sale

Explore 58 listing(s) of commercial real estate in Greenwood, IN to find the best space for your business.

CRE Market FAQs

#3592 - Greenwood, IN

1276 Us Highway 31 N,, Westminister, Greenwood, IN
Property Type

Retail
For Sale

$2,495,625
Built in 1988 / Property size 22,072 SF
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Indianapolis Logistics Park - South Building I & II

E Main St, South Park Business Center, Greenwood, IN
Space Type

Industrial
For Lease Contact for pricing

2 spaces available / 105,000 - 150,000 SF
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4985 W Smith Valley Rd

4985 W Smith Valley Rd, Hiatts, Greenwood, IN
Property Type

Retail
For Sale

$3,703,000
Built in 2019 / Property size 5,082 SF
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Somerset Shoppes

1 N State Road 135, Meridian Oaks, Bargersville, IN
Space Type

Retail
For Lease Contact for pricing

1 space available / 10,000 SF
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I-69 & Olive Branch Rd

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

VacantLand
For Sale Contact for pricing

Property size 204.81 Acre
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Frequently Asked Questions

Here is a rundown of the primary commercial real estate property types currently available in Greenwood:
- Office Space: The market includes 379,832 square feet of office spaces in addition to 18 coworking locations.
- Retail Space: Between malls, restaurants and stores, Greenwood is home to 289,394 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 2,664,468 square feet of available space in Greenwood.
The average rent for commercial real estate in Greenwood is $25.53 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Greenwood costs $16, while the city’s premium locations ask up to $60.
Here is a breakdown of the average size of different property classes (also known as asset class or property type):
- Class A/A+ properties have an average size of 313,213 square feet.
- Class B properties are sized 34,462 square feet, on average.
- Class C properties span an average of 10,143 square feet.
The best area for commercial real estate in Greenwood will depend greatly on your needs. The neighborhood with the largest overall number of commercial listings is Southtech Park, home to no fewer than 6 listings for space of all types. If you're looking for office space, Indiana American Office Parke has the highest concentration of office listings at 4.

Meanwhile, Southtech Park has the highest number of industrial availabilities (6), while Pleasant Creek Acres boasts the largest number of retail listings in the city (2).
CommercialCafe’s CRE offering in Greenwood is enabled by a network of 43 active brokers from 27 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.

To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
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, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.
The average size of a commercial property here stands at 1,489,752. However, different asset classes and zoning laws will result in vastly different property sizes. Here is a breakdown of the average size of different commercial asset classes in Greenwood:
Office properties:
- Average size: 34,531 square feet.
- Largest property: 1st Floor (12,512 square feet).
Retail properties:
- Average size: 32,155 square feet.
Industrial properties:
- Average size: 333,059 square feet.
- Largest property: Full Building (511,680 square feet).

Greenwood, IN Commercial Space Listings

Commercial Space for Lease - Breakdown

The 31 listings for commercial real estate currently available for rent in Greenwood add up to 3,926,906 square feet across various property types. Here's a breakdown of the available space by category:

Property Type	Count of Listings	Total Sq. Ft.
Office	9	48,340
Retail	6	194,123
Industrial	12	2,194,691
Other	4	1,489,752

Office properties:

The market has 9 active office listings, encompassing 48,340 square feet.
Greenwood office spaces currently listed on CommercialCafe represent 29% of the total commercial real estate market in Greenwood, compared to an average of 39% across all markets tracked by CommercialCafe.

Retail Space:

There are 6 retail listings available, adding up to a total of 194,123 square feet.
Retail spaces account for approximately 19% of the local commercial market, while the average share taken up by retail in all U.S. markets is 35%.

Industrial Space:

The industrial market in Greenwood offers 12 listings, amounting to 2,194,691 available square feet.
Industrial spaces, including warehouses and manufacturing sites, make up about 38% of the total commercial space available in the market, compared to a nationwide average of 24%.

Commercial Space for Sale - Breakdown

There are currently 15 properties listed for sale in the Greenwood market, adding up to 2,786,849 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:

1 office property
3 retail properties
1 industrial property

Property Type	Count of Listings	Total Sq. Ft.
Office	1	5,864
Retail	3	32,212
Industrial	1	132,000
Other	10	2,616,773

Greenwood, IN Commercial Real Estate for Lease and Sale

#3592 - Greenwood, IN

Indianapolis Logistics Park - South Building I & II

4985 W Smith Valley Rd

Somerset Shoppes

I-69 & Olive Branch Rd

Frequently Asked Questions

Greenwood, IN Commercial Space Listings

Commercial Space for Lease - Breakdown

Commercial Space for Sale - Breakdown

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