Bar with Two Residential
New
For Sale
$599,999
118 N Peters Street, Garrett, IN 46738
The offering includes bar inventory and equipment, two two-bedroom apartments, and six additional lots.
Property SizeContact for details
Days on Market5
Property Features for 118 N Peters Street
General Information
Standard status
Active
Property subtype
Commercial
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Business Included
Yes
Building Details
Year Built
1920
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
North Eastern Group Realty
Listed By:
Alyssa Schendel · License #RB18002221
(260) 515-6059
Source:
Castleonerealty
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 5:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of North Eastern Group Realty
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Investment Insights
Based on property information with market context.
This bar property combines a historic building, a furnished and equipped bar operation, and two residential apartments. The apartments each have two bedrooms. Bar assets include liquor and beer inventory, a new walk-in cooler, an antique keg cooler, sound and projection equipment, televisions, speakers, tables, chairs, illuminated signage, and a security system. A moveable, grandfathered 6-way liquor license is also included.
The property is located at 118 N Peters Street in Garrett, Indiana. Six additional lots are part of the offering, including one that has been newly paved for parking. The building dates to 1920.
The property is located at 118 N Peters Street in Garrett, Indiana. Six additional lots are part of the offering, including one that has been newly paved for parking. The building dates to 1920.
Key Highlights
- Moveable, grandfathered 6‑way liquor license
- Two residential apartments, each with 2 bedrooms
- Six additional lots, including one newly paved for parking
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
210
Businesses Nearby
15k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
7,974 visits/mo
0.3 miles
Circle K
Shops & Services
6,036 visits/mo
0.1 miles
Jim Stykemain Ford
Shops & Services
875 visits/mo
0.3 miles
Demographics for 46738, IN
8,183
Population
3,756
Households
2.2
Avg Household Size
37
Median Age
17%
College-Educated
90%
High-School Grad
26.0 sq mi
ZIP Area
315
Density / Sq Mi
$62,212
Median Household Income
$37,137
Median Earnings
$855
Median Rent
$156,300
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Garrett Bowl — 110 W Keyser St, Garrett, IN 46738
- Circle K — 201 S Randolph St, Garrett, IN 46738
- Traxside Bar & Grill — 118 N Peters St, Garrett, IN 46738
- Martin's Tavern — 115 N Randolph St, Garrett, IN 46738
- shortys — 127 s randolph st, garrett, in 46738
Frequently Asked Questions
What type of property is this?
Bar & Pub - The offering includes bar inventory and equipment, two two-bedroom apartments, and six additional lots.
Where is this bar & pub located?
The property is located at 118 N Peters Street Garrett, IN.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Moveable, grandfathered 6‑way liquor license; Two residential apartments, each with 2 bedrooms; Six additional lots, including one newly paved for parking
