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$ 650,000
Est. payment /mo
New
118 N Peters Street Garrett, IN 46738-1130
3,049 Sqft Lot
UPDATED:
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
Direction North on County Road 327, turn left on W. Quincy Street, Turn left onto N. Petes St.
Interior
Flooring Vinyl Tile, Wood
Appliance Building, Furniture, Inventory, License Included
Exterior
Roof Type Metal
Building
Story 2
New Construction No
IDX information provided by the Indiana Regional MLS
Listed by Alyssa Schendel • North Eastern Group Realty • Cell: 260-515-6059