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 | 230 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Alyssa Schendel |
|---|---|
| Office | North Eastern Group Realty |
| Contact Info | Cell: 260-515-6059 |
