MU-2 Commercial
For Sale
$150,000
200 S State Avenue, Indianapolis, IN 46201
Commercial Sale, Indianapolis, IN
Property SizeContact for details
Lot Size0.10 Acres
Days on Market303
Property Features for 200 S State Avenue
General Information
Property type
Residential
Property subtype
Retail
Zoning
MU2
Elementary school district
Indianapolis Public Schools
Middle school district
Indianapolis Public Schools
High school district
Indianapolis Public Schools
Directions
GPS Friendly
Subdivision
4910 - Marion - Center
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
Legal 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
(317) 622-6575
Added: Nov 13, 2025
Changed: Aug 28
Last Checked: Sep 12 at 7:06PM
MLS# 22074771
Copyright © 2026 Broker Listing Cooperative®. 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.
This 0.1-acre commercial land parcel carries MU-2 zoning and is positioned for a range of development concepts identified in the listing, including residential, commercial storefront, mixed-use, live/work, and urban infill projects. The site may be acquired individually or combined with other available parcels to create a larger redevelopment footprint.
Additional parcels at 1705 Southeastern and 1719 Southeastern may be bundled with the property. The parcel is located near downtown Indianapolis in an area described as undergoing neighborhood transformation, with nearby homes being renovated and sold.
Additional parcels at 1705 Southeastern and 1719 Southeastern may be bundled with the property. The parcel is located near downtown Indianapolis in an area described as undergoing neighborhood transformation, with nearby homes being renovated and sold.
Key Highlights
- 0.1‑acre MU‑2‑zoned commercial land parcel
- Options to purchase individually or assemble with additional parcels
- Additional parcels available at 1705 and 1719 Southeastern
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
870
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
Commercial land - MU-2-zoned parcel near downtown Indianapolis with options for individual acquisition or multi-parcel assembly.
Where is this commercial land 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: 0.1‑acre MU‑2‑zoned commercial land parcel; Options to purchase individually or assemble with additional parcels; Additional parcels available at 1705 and 1719 Southeastern
