Print the paper yourself, three-hole-punch (or buy pre-punched paper), and use a three-ring binder. For 200 pages, it might be easier to do this at an office/print shop (search "print shop" or "printing" on Google Maps or something to find one near you). Sometimes these shops will do this sort of thing for you, and often they have self-service machines which can get you around wariness that employees may be trained in as far as printing work they are not confident they are allowed to print. As a comment mentioned, these shops can also sometimes do coil binding, which would hold together better on a shelf. Nicer binders would do okay on a shelf, though they would be best held page-side-down in a file drawer or horizontal rather than vertical.
It's not normal to bind someone else's work in a proper book, and theses are not typically printed as books for resale. Printing a PDF of a copyrighted work that you have digital access to for personal use is typically completely legal, and practically never going to be an issue even in some odd context where it isn't.
@cbeleitessupportsMonica also suggests a "springback binder" which I have never used personally but it looks like they might be ideal for this purpose.