118 N Peters ST, Garrett, IN 46738-1130
118 N Peters ST, Garrett, IN 46738-1130
118 N Peters ST, Garrett, IN 46738-1130
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Listed by North Eastern Group Realty
$599,999
Est. payment /mo
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2 Baths
3,049 Sqft Lot
Active

118 N Peters ST Garrett, IN 46738-1130

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Timothy Vicsik

Timothy Vicsik

+1(574) 329-9587

UPDATED:

Key Details

Property Type Commercial

Sub Type Restaurant

Listing Status Active

Purchase Type For Sale

MLS Listing ID IRM202520617

HOA Y/N No

Year Built 1920

Annual Tax Amount $1,576

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 25X125

Property Sub-Type Restaurant

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

Rooms

Basement Crawl Space, Partial

Interior

Heating Gas, Forced Air

Inclusions Building, Furniture, Inventory, License Included

Fireplace N

Exterior

Parking Features Off Street, Public Parking

View Y/N true

Building

Sewer Public Sewer

Water City

New Construction No

Others

Pets Allowed No

Tax ID 17-09-04-228-015.000-013

Acceptable Financing IRM202520617

Listing Terms IRM202520617

Special Listing Condition None

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.

NEARBY SCHOOL & BUSINESS

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Timothy Vicsik

Timothy Vicsik

Broker Associate RB14051798

+1(574) 329-9587

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118 N Peters ST

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