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Commercial Land with MU-2 Zoning
For Sale
$150,000

200 S State Ave, Indianapolis, IN 46201

The property includes an existing building constructed in 1925 and a shared driveway.

Property Size1,550 SF
Price / SF$96.77
Days on Market129

Property Features for 200 S State Ave

General Information

Standard status Active
Size 1,550 SF

Building Details

Year Built 1925
Listing Agency: eXp Realty, LLC
Listed By: Summer Hudson · License #RB17001890
Source: Mcwatersrealestate
Added: Apr 24 Changed: Aug 29 Last Checked: Aug 25 at 5:07AM

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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

This MU-2-zoned commercial land property includes an existing building constructed in 1925. The zoning supports a broad range of development concepts identified in the property information, including residential construction, commercial storefronts, mixed-use projects, live/work spaces, and urban infill development.

The property is located at 200 S State Avenue in Indianapolis, Indiana. Exterior features include access through a shared driveway. The offering may support an individual project or broader parcel assembly, with additional parcels referenced at 1705 and 1719 Southeastern.

Key Highlights

  • MU‑2 zoning supports residential, commercial storefront, mixed‑use, live/work, and urban infill concepts
  • Existing building constructed in 1925
  • Located at 200 S State Avenue, Indianapolis, IN 46201

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Skin Care Clinic Bakery Pharmacy Butcher Computer & Electronic Repair Locksmith

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

Location Intelligence

Trade Area within ½ mile

870
Businesses Nearby

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value

Market

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - The property includes an existing building constructed in 1925 and a shared driveway.
Where is this commercial land located?
The property is located at 200 S State Ave 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: MU‑2 zoning supports residential, commercial storefront, mixed‑use, live/work, and urban infill concepts; Existing building constructed in 1925; Located at 200 S State Avenue, Indianapolis, IN 46201
More about this property
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