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    Historic Bar with Apartments
    Updated: Jun 2, 2025
    Historic Bar with Apartments

    118 N Peters Street, Garrett, IN 46738

    $599,999
    0.07 AC lot
    1920 historic building with bar and two residential apartments
    Two 2‑bedroom apartments within the property
    Moveable 6‑way grandfathered liquor license included
    6 additional lots, including one newly paved for parking
    New walk‑in cooler, antique keg cooler, and sound and projection system
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    Historic Bar With Apartment Income
    Updated: Jul 21
    Historic Bar With Apartment Income

    118 N Peters St, Garrett, IN 46738

    $599,999
    3,612 sqft
    3,612‑square‑foot historic building constructed in 1920
    Moveable 6‑way grandfathered liquor license
    Two income‑producing 2‑bedroom apartments
    Six additional lots included with the property
    One additional lot newly paved for parking
    View details
    See hot listings in Garrett

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Garrett, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Bar and Pub with Full Basement
    Bar and Pub with Full Basement

    102 W State St, Ashley, IN 46705

    $155,000
    1,304 sqft

    Established bar property with a 3-way liquor license, commercial kitchen equipment, and a walk-in cooler.

    View details
    Remodeled Restaurant and Bar
    Remodeled Restaurant and Bar

    202 W Whitley Street, Churubusco, IN 46723

    $350,000
    0.28 AC lot

    Single-story hospitality property with a commercial kitchen, built-in bar, customer seating, and dedicated parking.

    View details
    Turnkey Restaurant and Bar Opportunity
    Turnkey Restaurant and Bar Opportunity

    202 W Whitley St, Churubusco, IN 46723

    $350,000
    3,000 sqft

    Fully operational restaurant/bar with potential for medical/office conversion.

    View details
    Bar with Carry-Out License
    Bar with Carry-Out License

    102 W State Street, Ashley, IN 46705

    $155,000
    0.08 AC lot

    Includes a 3-way liquor license with carry-out privileges and installed food-service equipment.

    View details

    Garrett, IN Bars & Pubs Market Trends and Statistics

    Explore 2 bars & pubs for sale in Garrett, IN on our real estate platform. These investment opportunities span a total of 3,612 square feet of properties for sale, with an estimated market value of $1,199,998.

    Sale prices for pubs in Garrett, IN average $599,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 2

    Demographics Overview

    Population 8,462
    Population Growth (5Y) -1.0%
    Median Household Income $62,212
    College Educated 20.8%

    High-Yield Neighborhoods for Investment

    Identify Garrett submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46738 $600K

    Taxes & Financing

    Tax Rate (average for all types) 2.29%
    Property Tax per SF $29.39 per SF
    Tax Rate vs County Average 0.47 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in DeKalb County

    New Delisted

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