Turnkey Café and Catering
For Sale
$799,000
20 E 5th St, Peru, IN 46970
Renovated commercial café and catering building includes a hot kitchen, dining and outdoor seating, plus an unfinished second floor.
Property SizeContact for details
Days on Market184
Property Features for 20 E 5th St
General Information
Standard status
Active
Additional Details
Furnished
Yes
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$4,368
Amenities
outdoor seating
bar space
Building Details
Year Renovated
2021
Stories
2
Construction
modern industrial
Listing Agency:
The Wyman Group
Listed By:
Paul Wyman · License #RB14023441
(765) 419-1021
Source:
Exprealty
Added: Mar 5
Changed: Aug 20
Last Checked: Sep 5 at 10:13AM
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 The Wyman Group
Investment Insights
Based on property information with market context.
This turnkey for-sale opportunity includes the Garden Gate Café business along with the renovated commercial building at 20 E 5th St, Peru, IN. Renovated in 2021 with modern industrial finishes, the main level features spacious dining and bar space, outdoor seating, and dedicated catering production areas. A hot kitchen supports an expanded menu prepared fresh on-site, including artisan breads, cookies, cupcakes, muffins, and scratch-made soups. The space previously used as a brewery was converted into fully operational catering headquarters.
Improvements noted include a new exterior electrical sign, added security lighting and exterior outlets, and basement upgrades with four dehumidifiers and an installed vapor barrier. The second floor is unfinished and ready for future development, with additional space that could support uses such as apartments, condo-style living, event space, expanded dining, or other income-producing opportunities.
The sale includes the business, building, and the majority of furnishings and equipment.
Improvements noted include a new exterior electrical sign, added security lighting and exterior outlets, and basement upgrades with four dehumidifiers and an installed vapor barrier. The second floor is unfinished and ready for future development, with additional space that could support uses such as apartments, condo-style living, event space, expanded dining, or other income-producing opportunities.
The sale includes the business, building, and the majority of furnishings and equipment.
Key Highlights
- Renovated downtown Peru cafe and catering building with over 5,000 sq ft on the main level plus an unfinished second floor
- Hot kitchen and expanded catering production space, including a converted former brewery space for catering operations
- Cafe setup includes spacious dining areas, bar space, and outdoor seating
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
620
Businesses Nearby
27k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 37%
Home Improvements & Furnishings 13%
Hardee's
Dining
6,037 visits/mo
0.3 miles
Dollar General
Shops & Services
5,165 visits/mo
0.1 miles
SUBWAY
Dining
3,803 visits/mo
0.1 miles
Arnie's Ace Hardware
Home Improvements & Furnishings
3,082 visits/mo
0.2 miles
Farmers Bank
Shops & Services
3,060 visits/mo
0.3 miles
Demographics for 46970, IN
23,317
Population
10,177
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
88%
High-School Grad
179.9 sq mi
ZIP Area
130
Density / Sq Mi
$56,722
Median Household Income
$34,895
Median Earnings
$822
Median Rent
$111,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Aroma Coffee Shop LLC — 61 N Broadway St, Peru, IN 46970
- 6th Street Coffee Company — 7 E 6th St, Peru, IN 46970
- Garden Gate Cafe — 171 N Broadway St, Peru, IN 46970
- Nova Cafe — 485 N Broadway St, Peru, IN 46970
Frequently Asked Questions
What type of property is this?
Coffee shop - Renovated commercial café and catering building includes a hot kitchen, dining and outdoor seating, plus an unfinished second floor.
Where is this coffee shop located?
The property is located at 20 E 5th St Peru, IN.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Renovated downtown Peru cafe and catering building with over 5,000 sq ft on the main level plus an unfinished second floor; Hot kitchen and expanded catering production space, including a converted former brewery space for catering operations; Cafe setup includes spacious dining areas, bar space, and outdoor seating
