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Historic Mixed-Use Building
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200 S Meridian Street, Indianapolis, IN 46225

The five-story property combines office and restaurant space in downtown Indianapolis.

Property Size88,911 SF
Days on Market3

Property Features for 200 S Meridian Street

General Information

Standard status Active
Size 88,911 SF
Class B
Property subtype Office
Occupancy 74%

Site & Location

Neighborhood Downtown

Additional Details

Tenant in Place Yes
Property Use Office and Restaurant

Building Details

Building Size 88,911 SF
Buildings 1
Stories 5
Construction brick-and-timber
Tenancy Multi
Listing Agency: Alo Property Group
Listed By: Mike Short · License #IN RB16000518
Source: Alopg
Added: Nov 1 Changed: Nov 3 Last Checked: Nov 3 at 3:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alo Property Group

Rey
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Investment Insights

Based on property information with market context.

At 200 S Meridian Street, this five-story historic building contains 88,911 square feet of office and restaurant space. Brick-and-timber construction is paired with upgraded building systems and improvements. The property is 74.3% leased to 16 tenants, with 22,854 square feet of vacant office space. Tenants include The Old Spaghetti Factory, Hooters, and The Escape Room.

The building sits on Georgia Street’s pedestrian promenade, which links the Indiana Convention Center with Gainbridge Fieldhouse. Nearby projects include the Traction Yards redevelopment at Circle Centre Mall, a new Ritz-Carlton hotel, a Live Nation entertainment venue, and Ole Red.

Key Highlights

  • 88,911‑square‑foot, five‑story historic building
  • Office and restaurant uses in one property
  • 74.3% leased to 16 tenants

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Monera Financial Loan Service I Team Computer & Electronic Repair KM&A (Klûm Marketing ... Advertising Agency BDO Digital Consultant The Escape Room Indianapolis Resort

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Nursing Home Carpet & Flooring Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

74.3%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6,388
Businesses Nearby

Demographics for 46225, IN

6,503
Population
3,056
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
1,626
Density / Sq Mi
$47,917
Median Household Income
$36,132
Median Earnings
$1,104
Median Rent
$123,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The five-story property combines office and restaurant space in downtown Indianapolis.
Where is this mixed-use property located?
The property is located at 200 S Meridian Street Indianapolis, IN.
What are key features of this property?
This property features: 88,911‑square‑foot, five‑story historic building; Office and restaurant uses in one property; 74.3% leased to 16 tenants
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