MU2-Zoned Mixed-Use
200 S State Avenue Indianapolis, IN 46201
For Sale
$150,000
SINGLE_FAMILY - Indianapolis, IN
Lot Size0.10 Acres
Days on Market255
Property Features for 200 S State Avenue
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- MU2
- Standard status
- Active
- APN
- 491007103009000101
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Lippencots Sub 13.94' Nl X 13.06' Sl E End L8 & 20' Vac State Ave E Adj Also 15' N & Adj & 3.2'Vac Alley S & Adj
Building Details
- Year built
- 1925
- Floors in Building
- 1
Listing Agency:
eXp Realty, LLC
(888) 611-3912
Listed By:
Summer Hudson · License #RB17001890
(888) 611-3912
Added: Nov 13, 2025
Changed: Jun 16
Last Checked: Jul 26 at 8:06AM
MLS# 22074771
Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
For sale is a MU2-zoned commercial building on a 0.1-acre lot at 200 S State Avenue in Indianapolis. Public remarks describe the property as offering flexibility for a range of redevelopment approaches, including residential builds, commercial storefronts, mixed-use concepts, and live/work space, as well as urban infill development.
The listing also notes the site is part of a broader opportunity to assemble multiple parcels. It states the building can be purchased individually, paired with another, or combined with additional parcels for a larger redevelopment footprint, referencing two other properties offered for sale at 1705 & 1719 Southeastern.
As presented, this is a mixed-use zoned property intended to support a variety of development configurations within an actively transforming neighborhood context described in the listing.
The listing also notes the site is part of a broader opportunity to assemble multiple parcels. It states the building can be purchased individually, paired with another, or combined with additional parcels for a larger redevelopment footprint, referencing two other properties offered for sale at 1705 & 1719 Southeastern.
As presented, this is a mixed-use zoned property intended to support a variety of development configurations within an actively transforming neighborhood context described in the listing.
Key Highlights
- Commercial building built in 1925
- MU‑2 zoning allows a wide range of uses, including residential builds, commercial storefronts, mixed‑use concepts, live/work, and urban infill
- Available purchase options include buying individually, pairing, or securing all three properties for a larger redevelopment footprint
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Off Market Nearby
- Flower Boys — 702 Lexington Ave, Indianapolis, IN 46203
- Casablanca Flower Shop — 20 Keystone Ave, Indianapolis, IN 46201
FAQs
What type of property is this?
Storefront property - For sale commercial building zoned MU2 on a 0.1-acre lot, with flexibility described for redevelopment and mixed-use concepts.
Where is this storefront property located?
The property is located at 200 S State Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Commercial building built in 1925; MU‑2 zoning allows a wide range of uses, including residential builds, commercial storefronts, mixed‑use concepts, live/work, and urban infill; Available purchase options include buying individually, pairing, or securing all three properties for a larger redevelopment footprint
