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Listed by Alyssa Schendel • North Eastern Group Realty • Cell: 260-515-6059
$ 599,999
Est. payment /mo
Active
118 N Peters ST Garrett, IN 46738-1130
2 Baths
3,049 Sqft Lot
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
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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