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Turnkey Gas Station with Convenience Store
For Sale
$1,100,000

8995 S US Highway 35, Monterey, IN 46960

COMMERCIAL - Monterey, IN

Property SizeContact for details
Lot Size0.70 Acres
Days on Market96

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 Multi Units, Central Air

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: Aug 4 Last Checked: Aug 11 at 9:06PM
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.

Turnkey gas station with a fully stocked deli and convenience store, including a complete kitchen setup and accessories for fresh Polish specialties. The operation is described as having three gas pumps plus one kerosene pump, along with diesel, supported by ongoing daily volume. Licenses are in place for alcohol, tobacco, and lottery, among other items. The property also includes an additional income option described as a small home in the back.

The site is located at 8995 S US Highway 35 in Monterey, Indiana (Starke County), positioned on US 35 between Winamac and Bass Lake. The listing notes the location serves local residents, campers, paintball enthusiasts, and daily travelers year-round, with proximity to a major camping site and a popular paintball course.

The building is described as having been built in 1941. Interior finishes include concrete and laminate flooring, with cooling provided via central air and multi units. Parking is identified as paved or surfaced, and the roof is described as shingle and metal.

Key Highlights

  • Turnkey gas station with three gas pumps, one kerosene pump, and diesel
  • Fully stocked deli and convenience store with inventory included
  • Complete kitchen setup and accessories for Polish specialties

Property Analytics

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

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

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 - Turnkey gas station with three gas pumps, a kerosene pump, and a stocked Polish deli and convenience store.
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 $1,100,000.
What are key features of this property?
This property features: Turnkey gas station with three gas pumps, one kerosene pump, and diesel; Fully stocked deli and convenience store with inventory included; Complete kitchen setup and accessories for Polish specialties
More about this property
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