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 |
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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 |
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Subdivision | None |
City | Garrett |
County | Dekalb County |
State | IN |
Zip Code | 46738 |
Amenities
Features | Living Space, Alley, Ventilating/Exhaust Fans |
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Parking | Off-Street, Public |
Is Waterfront | No |
Interior
Interior | Drywall |
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Heating | Gas, Forced Air |
Cooling | Central Air |
# of Stories | 2 |
Basement | Crawl, Partial Basement |
Exterior
Exterior | Brick, Metal |
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Roof | Metal |
Construction | No |
Additional Information
Days on Market | 133 |
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Foreclosure | No |
RE / Bank Owned | No |
Listing Details
Agent | Alyssa Schendel |
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Office | North Eastern Group Realty |
Contact Info | Cell: 260-515-6059 |