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Open-Shell Retail Space
For Lease
$28 SF/Yr

637 E National Avenue, Brazil, IN 47834

COMMERCIAL/INDUSTRIAL, Brazil, IN

Space Size2,100 SF
Days on Market42

Property Features for 637 E National Avenue

General Information

Property type Residential
Property subtype Retail
Zoning Commercial
Subdivision Clay County
Standard status Active
APN 11-01-31-300-043.000-002

Utilities

Heating system Natural Gas
Listing Agency: CENTURY 21 ELITE · Century 21 Real Estate
Listed By: Brandon Halleck
Added: Aug 3 Changed: Sep 2 Last Checked: Sep 13 at 5:06AM
MLS# 110088

Copyright © 2026 Terre Haute Area Association 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.

This 2,100-square-foot retail space is offered in open-shell condition, giving the incoming occupant a clean starting point for a customized interior layout. The property is zoned Commercial and includes natural gas heating. Tenant-paid electric service is part of the lease structure.

The space fronts East National Avenue, also designated US Highway 40, at 637 E National Avenue in Brazil, Indiana. On-site parking is provided through a dedicated lot, with direct access and convenient ingress and egress. Established businesses and residential neighborhoods surround the commercial corridor, supporting a range of retail and service-oriented operations.

Key Highlights

  • 2,100 square feet of open‑shell retail space
  • Commercial zoning with natural gas heating
  • Frontage on East National Avenue, designated US Highway 40

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Parking Lot & Garage Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

473
Businesses Nearby
129k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 47% Shops & Services 26% Groceries 20% Beauty & Spa 3%
Kroger Groceries
25,815 visits/mo 0.1 miles
McDonald's Dining
21,472 visits/mo 0.2 miles
Hardee's Dining
12,948 visits/mo 0.3 miles
Dollar Tree Shops & Services
11,010 visits/mo 0.3 miles
Kroger Fuel Center Shops & Services
9,204 visits/mo 0.1 miles

Demographics for 47834, IN

19,430
Population
8,451
Households
2.3
Avg Household Size
41
Median Age
17%
College-Educated
91%
High-School Grad
154.2 sq mi
ZIP Area
126
Density / Sq Mi
$66,677
Median Household Income
$41,247
Median Earnings
$866
Median Rent
$135,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial suite with highway frontage, dedicated parking, and an unfinished interior ready for tenant improvements.
Where is this retail space located?
The property is located at 637 E National Avenue Brazil, IN.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: 2,100 square feet of open‑shell retail space; Commercial zoning with natural gas heating; Frontage on East National Avenue, designated US Highway 40
More about this property
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