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501 W NATIONAL AVE, West Terre Haute, IN 47885

Zoned Commercial (Gas Station), with an existing building on the parcel.

Property Size292 SF
Days on Market6

Property Features for 501 W NATIONAL AVE

General Information

Standard status Active
Size 292 SF
Property subtype Retail
Zoning Commercial (Gas Station)

Building Details

Year Built 1954
Units 1
Listing Agency: MAQ Group Realty
Listed By: Ali Qureshi · License #0000
Source: Crexi
Added: Aug 27 Changed: Aug 31 Last Checked: Aug 31 at 9:21AM

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 MAQ Group Realty

Investment Insights

Based on property information with market context.

This 0.37-acre commercial land parcel includes a 292-square-foot building constructed in 1954. The property is identified as a former gas station and carries Commercial (Gas Station) zoning. Its lot measures approximately 15,983 square feet and is located in Vigo County at 501 W National Ave, West Terre Haute, Indiana.

The property is offered for disposition or redevelopment. Buyers should independently verify the condition of existing improvements, environmental status, permitted use, and title as part of their due diligence.

Key Highlights

  • 0.37‑acre commercial land parcel
  • Approximately 15,983 SF lot with a 292 SF building
  • Former gas station property

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Pharmacy Auto Repair Shop

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

91
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Marathon Petroleum Shops & Services
3,971 visits/mo 0.3 miles

Demographics for 47885, IN

9,231
Population
3,592
Households
2.6
Avg Household Size
42
Median Age
23%
College-Educated
88%
High-School Grad
82.8 sq mi
ZIP Area
111
Density / Sq Mi
$66,203
Median Household Income
$42,244
Median Earnings
$715
Median Rent
$154,900
Median Home Value

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Zoned Commercial (Gas Station), with an existing building on the parcel.
Where is this commercial land located?
The property is located at 501 W NATIONAL AVE West Terre Haute, IN.
What are key features of this property?
This property features: 0.37‑acre commercial land parcel; Approximately 15,983 SF lot with a 292 SF building; Former gas station property
More about this property
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