118 N Peters Street, Garrett, IN

$649,999

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2

Baths

3,136

Square feet

0.07

Acres

About 118 N Peters Street

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!

Features of 118 N Peters Street

MLS® # 202520617
Price $649,999
Bathrooms 2.00
Square Footage 3,136
Acres 0.07
Year Built 1920
Type Commercial
Sub-Type Restaurant/Bar
Status Active

Community Information

Address 118 N Peters Street
Subdivision None
City Garrett
County Dekalb County
State IN
Zip Code 46738

Amenities

Features Living Space, Alley, Ventilating/Exhaust Fans
Parking Off-Street, Public
Is Waterfront No

Interior

Interior Drywall
Heating Gas, Forced Air
Cooling Central Air
# of Stories 2
Basement Crawl, Partial Basement

Exterior

Exterior Brick, Metal
Roof Metal
Construction No

Additional Information

Days on Market 133
Foreclosure No
RE / Bank Owned No

Listing Details

AgentAlyssa Schendel
OfficeNorth Eastern Group Realty
Contact InfoCell: 260-515-6059

Listing Map

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