118 N Peters Street Active Save Request In-Person Tour Request Virtual Tour
Garrett,IN 46738-1130
Key Details
Property Type Commercial
Sub Type Restaurant/Bar
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202520617
Year Built 1920
Annual Tax Amount $1,576
Tax Year 2025
Lot Size 3,049 Sqft
Property Sub-Type Restaurant/Bar
Property Description
Incredible Opportunity to Own a Thriving, Turnkey Business in a Historic Location! Step right into ownership of a well-established and highly profitable bar, complete with a rare and moveable 6-way grandfathered liquor license—perfect for catering and gaming events. This sale includes all inventory (liquor and beer), a brand-new walk-in cooler, an antique keg cooler, a state-of-the-art sound and projection system, tables, chairs, TVs, speakers, signage (with bright LED lighting), and a top-notch security system.The property itself boasts a charming, well-maintained historic building with a list of improvements ( as for flyer) and comes with 6 additional lots one newly paved for more parking—offering endless possibilities for expansion or development. In addition to the bar, the building features two income-producing residential apartments (both 2-bedroom units) that currently generate $1,450/month.This fully stocked bar has long been a beloved community hub. Don't miss your chance to own a piece of local history and a thriving business!
Location
State IN
County Dekalb County
Area Dekalb County
Interior
Flooring Vinyl Tile,Wood
Exterior
Roof Type Metal
Building
Story 2
New Construction No