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Gas Station with Deli
For Sale
$800,000

8995 S US Highway 35, Monterey, IN 46960

COMMERCIAL, Monterey, IN

Property SizeContact for details
Lot Size0.70 Acres
Days on Market142

Property Features for 8995 S US Highway 35

General Information

Property type Commercial Sale
Property subtype Retail
Parking features Paved or Surfaced
Directions North from Winamac on US-35 9 miles on the left
Subdivision Starke County
Standard status Active
APN 75-10-35-400-036.100-002
Lot size 0.70 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Pt S 1/2 Se S35 T32 R2 .69a.
Tax Annual Amount 2131
Legal Description Pt S 1/2 Se S35 T32 R2 .69a.

Utilities

Cooling system Central Air, Multi Units

Building Details

Year built 1941
Flooring type Laminate, Concrete
Roof type Metal, Shingle
Listing Agency: Century 21 Scheetz - Carmel · Century 21 Real Estate
Listed By: Kyle Pugh · License #RB25001630
Added: May 8 Changed: Sep 12 Last Checked: Sep 26 at 4:06AM
MLS# 202617625

Copyright © 2026 Indiana Uplands Realtor® Association. 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 gas station and deli property combines fuel service with a convenience store and prepared-food operation. The site includes 3 gas pumps, 1 kerosene pump, diesel service, and a fully stocked store with inventory included. A complete kitchen setup and related accessories support fresh Polish specialties. Concrete and laminate flooring, central air, multi-unit cooling, paved parking, and shingle and metal roofing are also in place.

The property occupies 0.7 acres at 8995 S US Highway 35 in Monterey, Indiana. Licenses for alcohol, tobacco, and lottery sales are in place. A small home at the rear provides an additional residential component and may support either owner occupancy or rental use. Built in 1941, the property serves as a combined fuel, retail, food-service, and residential asset.

Key Highlights

  • 3 gas pumps, 1 kerosene pump, and diesel service
  • Fully stocked deli and convenience store inventory included
  • Complete kitchen setup and accessories for prepared‑food service

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
Highway access
Yes
Paved road access
Yes
Liquor license

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Operating roadside property combines fuel service, a convenience store, and a Polish deli with an equipped commercial kitchen.
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; Fully stocked deli and convenience store inventory included; Complete kitchen setup and accessories for prepared‑food service
More about this property
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