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Freestanding Retail and Gas Station

33 W Brush Street Jamestown, IN 46147

33 W Brush Street, Jamestown, IN, 46147
$349,999
For Sale
$349,999

COMMERCIAL - Jamestown, IN

Property Size9,528 SF
Lot Size1.30 Acres
Price / SF$36.73
Days on Market285

Property Features for 33 W Brush Street

General Information

Property type
Commercial Sale
Property subtype
Retail
Standard status
Active
APN
06-01-10-000-001.432-010
Lot size
1.30 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
Pt Se 10-17-2W 1.30 Per Survey Comb Per Deed - Land Contract With R&D Jamestown Inc
Tax Annual Amount
10898

Utilities

Cooling system
Central Air

Building Details

Year built
1972
Roof type
Asphalt
Listing agency Carpenter REALTORS Martinsville
Listed by Brandon Warfield · License #RB14038234
Added: Oct 11, 2025 Updated: Jul 6 at 3:23PM Checked: Jul 22 at 10:06AM
MLS# 202541468

Copyright © 2026 Bedford Board of Realtors. 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.

Freestanding 9,528-square-foot retail property sits on 1.3 acres with 268 feet of frontage along Brush Street. The site is configured to support a gas station component and includes additional space that could be used for a liquor store or expanded retail operation. Historically, the property was also a U.S. Post Office, and the current improvements include approximately 20 parking spaces and one exterior loading dock.

The property is located in Jamestown, Indiana, and is positioned for convenient access to I-74. Its frontage and visibility along Brush Street support straightforward customer access and site traffic flow.

For an owner-operator or tenant looking for a flexible freestanding location, the combination of gas station use, parking, and supplemental retail space provides practical options for operating today while accommodating alternative retail concepts. The exterior loading dock and on-site parking can support routine deliveries and customer visits, making it well-suited for retail formats that benefit from dedicated access and storefront presence.

Key Highlights

  • Freestanding 9,528 SF retail building on 1.3 acres with 268 ft of frontage along Brush Street
  • Includes existing gas station space and former U.S. Post Office space, plus additional room for a liquor store or expanded retail
  • Approximately 20 parking spaces and one exterior loading dock

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $46.9k $4.92
− Vacancy −$3.1k −$0.33
EGI $43.7k $4.59
− OpEx −$13.1k −$1.38
NOI $30.6k $3.21
9,528 SF · lease $4.92/SF/yr · vacancy 6.70% · expense 30.00%

Alternative Uses

Best Use
Industrial
$6.32M
$5.53M – $7.37M (±1% cap)
NOI $442,275 @ 7.0% cap · market cap 126.36%
Second Best
Specialty Retail
$2.91M
$2.55M – $3.39M (±1% cap)
NOI $203,661 @ 7.0% cap · market cap 58.19%
Theoretical Best
Warehouse
$7.67M
$6.71M – $8.95M (±1% cap)
NOI $537,048 @ 7.0% cap · market cap 153.44%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

CountryMark Gas Station ATM Atm

Suggested Use

Auto Parts Store Big Box & Wholesale Store Carpet & Flooring Store Catering Service Computer & Electronic Repair Grocery & Convenience Store Restaurant Travel Agency (Bike/Boat/Book/etc) Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Gas station - Freestanding retail and gas station site with long frontage, parking, and room for expanded retail use.
Where is this gas station located?
The property is located at 33 W Brush Street Jamestown, IN.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: Freestanding 9,528 SF retail building on 1.3 acres with 268 ft of frontage along Brush Street; Includes existing gas station space and former U.S. Post Office space, plus additional room for a liquor store or expanded retail; Approximately 20 parking spaces and one exterior loading dock
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