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Garrett, IN

Restaurants

Garrett, IN Restaurants for Sale

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Auburn, IN Avilla, IN Huntertown, IN Kendallville, IN Fort Wayne, IN Leo, IN Waterloo, IN Churubusco, IN

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

Bar with Two Residential Apartments

Updated: Oct 20

Bar with Two Residential Apartments

118 N Peters Street, Garrett, IN 46738

$599,999

Moveable, grandfathered 6‑way liquor license
Two residential apartments, each with 2 bedrooms
Six additional lots, including one newly paved for parking
Bar inventory includes liquor and beer
Includes a new walk‑in cooler, antique keg cooler, sound and projection system, and security system

See hot listings in Garrett

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 2 Active listings in Garrett, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 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.

New Construction Coffee Shop

New Construction Coffee Shop

1966 Copper Mine Psge, Fort Wayne, IN 46845

$2,847,999

2,297 sqft

Starbucks-occupied coffee shop with drive-through service and a corporately guaranteed NN+ lease.

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.

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.

Commercial Land with Parking

Commercial Land with Parking

1508 N Hill Drive, Fort Wayne, IN 46825

$275,000

0.97 AC lot

Commercial parcel with off-street parking and stated potential for restaurant or retail use.

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.

Commercial Land at Interstate Interchange

Commercial Land at Interstate Interchange

I-69 & CR 11 A, Auburn, IN 46706

$2,800,500

28.41 AC lot

C-2p-zoned commercial land with utilities available for development.

Neighborhood Center Commercial Land

Neighborhood Center Commercial Land

16000 Lima Road, Huntertown, IN 46748

$329,000

1.13 AC lot

Level commercial land with NC zoning and utility lines along both adjoining roads.

Waterfront Commercial Land

Waterfront Commercial Land

14408 Leo Road, Leo, IN 46765

$1,900,000

1.56 AC lot

Riverfront acreage includes an existing improved building with garage, basement, kitchen, and flexible interior space.

Residential Lot in Master-Planned Community

Residential Lot in Master-Planned Community

9006 Kepler Boulevard, Fort Wayne, IN 46825

$154,900

0.59 AC lot

Buildable residential lot within The Villages of Arneo, offering trails, green space, and direct golf cart access to the commercial district.

Off-Market Properties in Garrett, IN

Consider similar Off-Market properties in Garrett, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1206 Randolph St

RESTAURANT

1206 Randolph St, Garrett, IN 46738-1969

Estimated value:

$240,000

1,680 sqft 0.16 AC lot

104 Peters St

RESTAURANT

104 Peters St, Garrett, IN 46738-1130

Estimated value:

$260,000

4,901 sqft 0.07 AC lot

1321 Randolph St

RESTAURANT

1321 Randolph St, Garrett, IN 46738-1970

Estimated value:

$240,000

1,461 sqft 1.00 AC lot

4504 State Rd 327

RESTAURANT

4504 State Rd 327, Garrett, IN 46738-9701

Estimated value:

$135,000

310 sqft

220 Randolph St

RESTAURANT

220 Randolph St, Garrett, IN 46738-1470

Estimated value:

$365,000

8,559 sqft 0.07 AC lot

101 6th Ave

RESTAURANT

101 6th Ave, Garrett, IN 46738-1915

Estimated value:

$230,000

1,280 sqft 0.62 AC lot

Garrett, IN Restaurants Market Trends and Statistics

Explore 8 restaurants for sale in Garrett, IN on our real estate platform.

Sale prices for restaurant properties 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

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

How Realmo verifies these figures

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