Garrett, IN 46738-1130,118 N Peters Street
Garrett, IN 46738-1130,118 N Peters Street
Garrett, IN 46738-1130,118 N Peters Street
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$650,000
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3,049 Sqft Lot
New

118 N Peters Street Garrett, IN 46738-1130

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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


Indiana Regional MLS (IRMLS)
Listed by Alyssa Schendel • North Eastern Group Realty • Cell: 260-515-6059

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agent

Timothy Vicsik

Broker Associate | RB14051798

+1(574) 329-9587

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118 N Peters Street