Mixed-Use

Garrett, IN Mixed-use Properties for Sale

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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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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 8 Potential Opportunities for your consideration. Besides 1 Active listings in Garrett, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Two-Story Brick Storefront
Two-Story Brick Storefront

106 N Orange Street, Albion, IN 46701

$265,000
0.07 AC lot

Remodeled commercial space with private rooms, an open main-level area, and finished upper-level accommodations.

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Three-Story Mixed-Use Building
Three-Story Mixed-Use Building

100 E Main Street, Albion, IN 46701

$239,900
0.04 AC lot

Long-term coffee shop lease, flexible second-floor area, and apartment create a varied three-level configuration.

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Mixed-Use Building with Storefronts
Mixed-Use Building with Storefronts

211/213 S Main Street, Kendallville, IN 46755

$194,900
0.14 AC lot

Historic commercial property with a restored facade, flexible street-level space, and unfinished apartment layouts above.

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Historic Mixed-Use Building
Historic Mixed-Use Building

124 East Rush Street, Kendallville, IN 46755

Contact for pricing

A 1913 property offers character-rich work and living areas across two levels.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Mixed-Use Development Land Opportunity
Mixed-Use Development Land Opportunity

17313 Lima Road, Huntertown, IN 46748

$350,000
5.00 AC lot

5-acre mixed-use development parcel in Huntertown, IN with site plans available upon request.

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Commercial Land Development Site
Commercial Land Development Site

6715 Bass Road, Fort Wayne, IN 46818

$1,230,999
2.21 AC lot

Sizable Bass Road parcel near established retail, office, and entertainment activity.

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Commercial Land Near US 30
Commercial Land Near US 30

W Connexion Way lot: 2, Columbia City, IN 46725

$175,000
0.80 AC lot

Development-ready parcel in Armstrong Park with convenient access to US 30 and nearby retail context.

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Garrett, IN Mixed-Use Properties Market Trends and Statistics

Explore 1 mixed-use properties for sale in Garrett, IN on our real estate platform.

Sale prices for multi use buildings 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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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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