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645 US Hwy 31 N, Greenwood, IN

$3,400,000

645 U.S. Highway 31 North, Greenwood, IN 46142

Active
Last Updated: 10/01/2026

22,060 sqft

Building Size

1.13 acres

Lot Area

Details:
Building Size:    22,060 sqft
Lot Area:    1.13 acres
Units:    2
Year Built:    1997
Zoning:    Commercial Large
Floors:    1
Description:

New Price! South Side US 31 Retail and Warehouse Building in Greenwood

Rare opportunity to acquire a south side US 31 commercial retail building including warehouse space in the heart of Greenwood's shopping district.

Built in 1980, the building offers a spacious retail showroom plus an extensive warehouse with mezzanine storage. Large pylon signage provides strong visibility. The 1.13 acre site included lots of parking too.  The location serves Greenwood and offers easy distribution and storage for the greater Indianapolis market.

Indiana Brazilian Jiu Jitsu Academy occupies 7,740 SF of retail space on a long-term lease, providing stable cash flow. The remaining 14,320 SF will become available January 1, 2027, a great opportunity for an owner-occupant, new tenant or investor.


US 31 N Adjacent to Buca di Beppo, Kittles Furniture Greenwood and RevOne Companies



New Price: $3,400,000 ($154/SF)
22,060 SF building (including mezzanine) on approximately 1.13 acres
High visibility frontage on the US 31 corridor in Greenwood
Large pylon signage
Retail showroom plus extensive warehouse with mezzanine storage
7,740 SF leased to martial arts tenant 
14,320 SF available January 1, 2027
Cell tower excluded from sale
Opportunity for owner occupants or investors

Map:
Documents:
Title
645 N US Highway 31 Marketing Flyer March 2026
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Location
Gallery