$650,000
For Sale

118 N Peters Street

Garrett, IN 46738
Browse 32 photos
Type:Purchase
Structure:Restaurant
Zone:Commercial

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!

  • Property Details
      • Property SubtypeRestaurant/Bar
      • CountyDekalb County
      • MLS #202520617
      • MLS #202520617
      • Property TypePurchase
      • Cost650000
      • Year Built1920

Location

Jared Sipe | Schrader RE and Auction/Fort WayneReal Estate Group
OR

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