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Gas Station with Deli
New
For Sale
$800,000

8995 S Us Highway 35, Monterey, IN 46960

A convenience store with a stocked deli, commercial kitchen equipment, and an additional small residence at the rear.

Property SizeContact for details
Days on Market5

Property Features for 8995 S Us Highway 35

General Information

Standard status Active
Property subtype Commercial

Automotive

Fuel Pumps 4
Automotive Uses fuel station
Convenience Store Yes

Additional Details

Business Included Yes
Road Access Yes
Currently Operating Yes

Building Details

Year Built 1941
Buildings 2
Stories 1
Listing Agency: Century 21 Scheetz - Carmel
Listed By: Kyle Pugh · License #RB25001630
Source: Castleonerealty
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 5:10PM

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 Century 21 Scheetz - Carmel

Rey
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Investment Insights

Based on property information with market context.

This gas station and convenience store includes a deli, a complete kitchen setup with accessories, and inventory. Fuel service consists of 3 gas pumps, 1 kerosene pump, and diesel. A small home sits behind the commercial property, and licenses are in place for alcohol, tobacco, and lottery sales. The property was built in 1941.

Located on US 35 in Monterey, the business is between Winamac and Bass Lake. A campground and paintball course are nearby, providing additional recreational activity in the surrounding area.

Key Highlights

  • 3 gas pumps, 1 kerosene pump, and diesel service
  • Convenience store inventory is included
  • Deli has a complete kitchen setup and accessories

Property Analytics

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Current Use

Gas stations

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pet Grooming Service Real Estate Agency

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

Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 46960, IN

1,102
Population
603
Households
1.8
Avg Household Size
47
Median Age
21%
College-Educated
90%
High-School Grad
40.7 sq mi
ZIP Area
27
Density / Sq Mi
$44,012
Median Household Income
$36,893
Median Earnings
$579
Median Rent
$130,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Gas station - A convenience store with a stocked deli, commercial kitchen equipment, and an additional small residence at the rear.
Where is this gas station located?
The property is located at 8995 S Us Highway 35 Monterey, IN.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 3 gas pumps, 1 kerosene pump, and diesel service; Convenience store inventory is included; Deli has a complete kitchen setup and accessories
More about this property
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