MU2-Zoned Mixed-Use
For Sale
$150,000
200 S State Avenue, Indianapolis, IN 46201
SINGLE_FAMILY - Indianapolis, IN
Property SizeContact for details
Lot Size0.10 Acres
Days on Market265
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
(888) 611-3912
Added: Nov 13, 2025
Changed: Jun 16
Last Checked: Aug 5 at 1:06AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
870
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Retail in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
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
