20 E 5th Street, Peru, IN

$799,000

Previous Next

3

Baths

8,276

Square feet

0.19

Acres

About 20 E 5th Street

Turnkey business opportunity with building included in the heart of downtown Peru! This thriving café and catering operation is paired with a beautifully renovated commercial building offering over 5,000 sq ft on the main level plus an unfinished second floor ready for future development. Originally renovated in 2021 with striking modern industrial finishes, the building has since been transformed into the successful home of Garden Gate Café. The former brewery space was converted into a fully operational catering headquarters, significantly expanding production and creating a strong, healthy bottom line. A hot kitchen was added to support an expanded menu featuring whole, thoughtfully sourced foods prepared fresh on-site, including artisan breads, cookies, cupcakes, muffins, and scratch-made soups. The café operates six days a week with extended hours and a loyal, established customer base. The main level features spacious dining areas, bar space, outdoor seating, and dedicated catering production space. Recent improvements include a new exterior electrical sign, added security lighting and exterior outlets, and basement upgrades with four dehumidifiers and an installed vapor barrier. The unfinished second floor provides excellent potential for apartments, condo-style living, event space, expanded dining, or additional income-producing opportunities. Sale includes the business, building, and the majority of furnishings and equipment, creating a true turnkey opportunity with future growth potential in a prime downtown location.

Features of 20 E 5th Street

MLS® # 202607131
Price $799,000
Bathrooms 3.00
Square Footage 8,276
Acres 0.19
Year Built 1902
Type Commercial
Sub-Type Restaurant/Bar
Status Active

Community Information

Address 20 E 5th Street
Subdivision None
City Peru
County Miami County
State IN
Zip Code 46970

Amenities

Features 110 Volts, 220 Volts, Single Phase, Fenced, Overhead Door 1, Basement, Refrigeration/Freezer
Parking Lot, Public
Is Waterfront No

Interior

Interior Drywall
Heating Gas, Forced Air
Cooling Central Air
# of Stories 2
Basement Full Basement, Unfinished

Exterior

Exterior Brick
Lot Description 0-2.9999
Roof Rolled
Construction No

Additional Information

Days on Market 189
Foreclosure No
RE / Bank Owned No

Listing Details

AgentPaul Wyman
OfficeThe Wyman Group
Contact InfoCell: 765-419-1021

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?