118 N Peters Street Garrett, IN 46738

Presented By
Sandi Davis Cather
Sandi Davis Cather
(260) 687-1800
Email
Select Agent to Contact

By clicking "Message Agent", you agree to be contacted by Sandi Davis Cather about your request. Please see our Privacy Policy.

Restaurant/Bar • 101Y Old

$350,000

118 N Peters Street

0.07 Acres
Property Description

SELLER WILLING TO SELL PROPERTY AND BUSINESS AND EQUIPMENT SEPARATELY! MOTIVATED SELLER! THIS PROPERTY CAN BE ACQUIRED WITHOUT HAVING TO PURCHASE THE BUSINESS. THE MAIN LEVEL CAN BE CONVERTED INTO ADDITIOANL RENTAL UNITS. THERE ARE CURRENTLY 2 APARTMENTS UPSTAIRS, WHICH ARE RENTED. THIS IS ALSO A GREAT OPPORTUNITY FOR A NEW OWNER TO STEP INTO A WELL ESTABLISHED AND PROFITABLE BUSINESS! Included with ownership is the 6-way grandfathered moveable liquor license, all liquor and beer inventory, new walk-in cooler, an antique keg cooler, sound system and projection, all tables, chairs, TV's, speakers, signs and security system. Great signage with LED lighting. The moveable grandfathered liquor license also includes catering and gaming. This well maintained historic building comes with 5 additional lots. New metal roof in 2004. In addition to the bar, the building includes two cash generating residential apartment units currently generating $1430 per month. The apartments have 2 bedrooms in each unit. This fully stocked bar is a local has continuously remained a favorite with locals. Don't let this well established community gathering spot pass you by.

Directions

North on County Road 327, turn left on W. Quincy Street, turn left onto N. Peters Street.

Map to 118 N Peters Street, Garrett, IN 46738

Property
MLS # 202037849
Status Active
Property Type Commercial
Property SubType Restaurant/Bar
New Construction No
Type Restaurant/Bar
Annual Taxes $2,532.26
Year Taxes Payable 2019
Year Built 1920
Virtual Tour propertypanorama.com »
Days on Market 272
External Features
Construction Restaurant/Bar
Lot Size 3,000 sq ft
Acreage 0.07 Acres
Lot Dimensions 25x125
Fence None
Location
Area Dekalb County
County Dekalb
Subdivision None
Township Keyser
City Garrett
State IN
Zip 46738
Financial
Assoc. Dues $0.00

MLS# 202037849.
Listing Provided Courtesy of Monica Riecke
CENTURY 21 Bradley Realty, Inc

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Listing information last updated Wednesday, June 16th, 2021 at 10:45 PM EDT.

Learn More About 118 N Peters Street

Presented By
Sandi Davis Cather
Sandi Davis Cather
(260) 687-1800
Email
Select Agent to Contact

By clicking "Message Agent", you agree to be contacted by Sandi Davis Cather about your request. Please see our Privacy Policy.