# 200 S State Avenue, Indianapolis, IN 46201

> **TL;DR:** commercial, $150,000 ($97/sqft), built 1925, 1,550 sqft. Est. $650/mo. Listed 148 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $150,000 |
| Price/sqft | $97 |
| Square Feet | 1,550 |
| Year Built | 1925 |
| Lot Size | 4,356 sqft (0.10 acres) |
| Property Type | Commercial (Retail) |
| Status | For Sale |
| Days on Market | 148 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $650 |
| **Total** | **$650** |

## Property Highlights

- Built in 1925
- 0.10 acre lot

## Description

### Agent Description
Endless possibilities in a rapidly revitalizing pocket of Indianapolis!  This MU-2 zoned commercial building offers unparalleled flexibility for builders, investors, and visionaries. Purchase individually, pair them together, or secure all three for a powerful redevelopment footprint just minutes from downtown Indy. Or, double up and buy the entire corner and include     2 more parcels for sale that can be bundled into this deal at 1705 & 1719 Southeastern.     Located in an area experiencing active neighborhood transformation-with nearby homes being renovated, modernized, and sold quickly-this is a rare opportunity to shape the next phase of growth. MU-2 zoning allows for a wide range of uses, from residential builds to commercial  storefronts, mixed-use concepts, live/work spaces, or an urban infill development that fits the momentum of the surrounding community.    Whether you're planning a single project or assembling a multi-parcel investment, this location sets the stage for long-term value and exceptional potential. The possibilities here are wide-open-bring your ideas and create something incredible.

## Location

- **Address:** 200 S State Avenue, Indianapolis, IN 46201
- **County:** Marion
- **Coordinates:** 39.763601, -86.130801
- **Google Maps:** https://www.google.com/maps?q=39.763601,-86.130801

## Listing Agent

- **Name:** Summer Hudson
- **Brokerage:** eXp Realty, LLC
- **Phone:** 3176226575
- **Email:** FindALotToLove@gmail.com

## Primary Photo

![200 S State Avenue - Primary Photo](http://lh.rdcpix.com/5473e3ed679e0e5b6d53e42dac2f6dfbl-f4070950233r.jpg)

*26 total photos available on [listing page](https://www.propertysimple.com/listing/200-s-state-avenue-indianapolis-in-46201-22074771)*

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**MLS#:** 22074771 | **Updated:** 2026-04-25
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/200-s-state-avenue-indianapolis-in-46201-22074771)

---

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