Search
Mixed-Use Redevelopment Property
For Sale
Contact for pricing

202 Alabama Street, Indianapolis, IN 46204

Downtown Indianapolis opportunity with CBD-2 zoning, a 1910 building, and a city-led proposal process for housing and commercial activity.

Property Size28,403 SF
Days on Market21

Property Features for 202 Alabama Street

General Information

Standard status Active
Size 28,403 SF
Class B
Property subtype Mixed Use, Special Purpose
Zoning CBD-2
Investment Type Redevelopment

Building Details

Year Built 1910
Year Renovated 1962
Buildings 1
Stories 1
Units 85000
Listing Agency: 92c Partners
Listed By: Whitney Gurman Roberts · License #RB18001960
Source: Crexi
Added: Aug 10 Changed: Aug 29 Last Checked: Aug 29 at 5:09PM

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 92c Partners

Investment Insights

Based on property information with market context.

This mixed-use property comprises 28,403 square feet in Indianapolis and carries CBD-2 zoning. The improvements date to 1910. The City of Indianapolis is seeking proposals addressing housing, commercial and retail activity, and potential redevelopment of the opportunity sites. Concepts are expected to incorporate active street-level uses and respond to the historic preservation plan associated with the properties.

Located in downtown Indianapolis’ Market East neighborhood, the property is near Monument Circle, City Market, cafés, bars, restaurants, boutiques, and other downtown destinations. The site is positioned within an area undergoing public and private redevelopment, including plans involving apartments, a renewed market house, and updated public spaces. Proposal responses are due September 28, 2026, at 12:00 PM EST.

Key Highlights

  • 28,403‑square‑foot mixed‑use property in Indianapolis
  • CBD‑2 zoning
  • Improvements date to 1910

Property Analytics

Current Use

Old Indianapolis City ... City Hall Newpoint Parking Parking Lot & Garage 202 N Alabama ... Parking Lot & Garage

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Nursing Home HVAC Service Pet 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.

Location Intelligence

Trade Area within ½ mile

7,189
Businesses Nearby

Demographics for 46204, IN

9,086
Population
6,582
Households
1.4
Avg Household Size
31
Median Age
61%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
8,260
Density / Sq Mi
$88,081
Median Household Income
$69,226
Median Earnings
$1,686
Median Rent
$350,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown Indianapolis opportunity with CBD-2 zoning, a 1910 building, and a city-led proposal process for housing and commercial activity.
Where is this mixed-use property located?
The property is located at 202 Alabama Street Indianapolis, IN.
What are key features of this property?
This property features: 28,403‑square‑foot mixed‑use property in Indianapolis; CBD‑2 zoning; Improvements date to 1910
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message