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118 N Peters Street

Garrett, IN 46738
  • $649,999
  • STATUS: Active
  • ON SITE: 191 Days
  • MLS #: 202520617
UPDATED: 37 min ago
$649,999
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,612
    SQFT
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Listing provided by Alyssa Schendel of North Eastern Group Realty: Cell: 260-515-6059.

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. Dont miss your chance to own a piece of local history and a thriving business!

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© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAfee Home Group | Century 21 Realty, Inc.. Data last updated: 2025-12-11T09:28:04.917.

www.myindianahomes.com/homes/164450444
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118 N Peters Street Garrett, IN 46738

  • Price: $649,999
  • Status: Active
  • On Site: 191 Days
  • Updated: 37 min ago
  • MLS #: 202520617
0
Beds
0
Baths
0
½ Baths
0.07
Acres
3,612
SQFT
$180
$/SQFT
1920
Built
Neighborhood:
None
County:
Dekalb
Area:
Dekalb
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. Dont miss your chance to own a piece of local history and a thriving business!
Exterior Features

Construction Type1 Site Built Exterior BrickMetal Fire Doors YN Yes Lot Dimensions 25X125 Parking Off-StreetPublic Parking Type lot Parking YN Yes Road Access City Roof Material Metal Security Light YN Yes Sign Type Attached Building Signs Signs YN Yes Waterfront YN No

Interior Features

Basement Foundation CrawlPartial Basement Basement YN Yes Bldg1 Above Grd Sq Ft 3612 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 0 Ceiling Height 12' Column Spacing unknown Cooling Central Air Flooring Vinyl TileWood Heating Fuel GasForced Air Interior Height 12' Interior Walls Drywall Special Features Living SpaceAlleyVentilating/Exhaust Fans Total Restrooms 2

Property Features

Annual Taxes 1576.62 Auction YN No Buildings 1 Burglar Alarm YN No Currently Leased YN Yes Documents Available Floor PlanIncome/ExpensesUtility Bill Information Enterprise Zone No Equipment YN Yes Fire Protection City For Sale Or Rent For Sale Ingress Egress Asphalt Lease Term Remaining Month to Month New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Property Sub Type Restaurant/Bar Reo YN No Sale Includes BuildingFurnitureInventoryLicense Included Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN No Tax Abatement No Township Keyser Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2025

Listing provided by Alyssa Schendel of North Eastern Group Realty: Cell: 260-515-6059.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAfee Home Group | Century 21 Realty, Inc..


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAfee Home Group | Century 21 Realty, Inc.. Data last updated: 2025-12-11T09:28:04.917.

 
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McAfee Home Group | Century 21 Realty, Inc.
2928 E Dupont Rd
Fort Wayne IN, 46825
Listing provided by Alyssa Schendel of North Eastern Group Realty: Cell: 260-515-6059.