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Gas Station Expansion Opportunity
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843 North Main Street, Monticello, IN 47960

Operating gas station with approved expansion plans in Monticello, Indiana.

Property Size1,100 SF
Days on Market109

Property Features for 843 North Main Street

General Information

Standard status Active
Size 1,100 SF
Property subtype Retail
Zoning Com Convenience market w gas
Investment Type Owner/User

Building Details

Year Built 1991
Listing Agency: C21 Commercial
Listed By: Karanvir Singh · License #IN RB25001187
Source: Crexi
Added: May 12 Changed: Aug 23 Last Checked: Aug 26 at 1:21AM

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 C21 Commercial

Investment Insights

Based on property information with market context.

This property presents a rare opportunity to acquire an operating gas station with fully approved city expansion plans already in place. The existing fuel station is approximately 1,000 square feet and has received city approval to expand to over 3,000 square feet. This expansion creates an opportunity for a convenience retail destination. The property is located directly on N Main St, offering visibility and traffic exposure. It is positioned to capitalize on local commuter traffic and seasonal tourism flowing to Lake Freeman, Lake Shafer, and surrounding Monticello attractions.

Key Highlights

  • Fully approved city expansion plans to 3,000+ SF already in place.
  • Operating gas station with immediate upside potential.
  • Located on N Main St with exceptional visibility and traffic exposure.

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom Storage Facility HVAC Service Electrical Service Building Supply

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

344
Businesses Nearby
95k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 31% Dining 26% Home Improvements & Furnishings 24% Shops & Services 16%
Kroger Groceries
29,606 visits/mo 0.1 miles
Rural King Home Improvements & Furnishings
18,524 visits/mo 0.2 miles
Burger King Dining
10,181 visits/mo 0.3 miles
Taco Bell Dining
9,443 visits/mo 0.1 miles
Kroger Fuel Center Shops & Services
8,433 visits/mo 0.1 miles

Demographics for 47960, IN

15,029
Population
9,757
Households
1.5
Avg Household Size
47
Median Age
18%
College-Educated
91%
High-School Grad
118.3 sq mi
ZIP Area
127
Density / Sq Mi
$61,087
Median Household Income
$38,389
Median Earnings
$852
Median Rent
$179,300
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
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Frequently Asked Questions

What type of property is this?
Gas station - Operating gas station with approved expansion plans in Monticello, Indiana.
Where is this gas station located?
The property is located at 843 North Main Street Monticello, IN.
What are key features of this property?
This property features: Fully approved city expansion plans to 3,000+ SF already in place.; Operating gas station with immediate upside potential.; Located on N Main St with exceptional visibility and traffic exposure.
More about this property
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