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Garrett, IN

Restaurants

Garrett, IN Restaurants for Sale

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Auburn, IN Avilla, IN Laotto, IN Corunna, IN Huntertown, IN Waterloo, IN Fort Wayne, IN Kendallville, IN

Historic Bar and Two-Unit Property

Updated: Jun 2, 2025

Historic Bar and Two-Unit Property

118 N Peters Street, Garrett, IN 46738

$599,999

0.07 AC lot

1920‑built historic building with metal roof, wood and tile flooring, and central air (cooling) throughout
Fully equipped bar sale includes all liquor and beer inventory, plus a moveable 6‑way grandfathered liquor license
Bar improvements included: brand‑new walk‑in cooler, antique keg cooler, sound and projection system, tables/chairs/TVs, speakers, and LED‑lit signage
Security system included, along with off‑street parking
Building includes two income‑producing residential apartments—both 2‑bedroom units—currently generating $1,450/month

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 1 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.

Turnkey Restaurant and Bar Opportunity

Turnkey Restaurant and Bar Opportunity

202 W Whitley Street, Churubusco, IN 46723

$350,000

3,000 sqft

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

Wendy's Restaurant Investment Opportunity

Wendy's Restaurant Investment Opportunity

6824 Lincoln Hwy, Fort Wayne, IN 46803

$1,542,980

2,215 sqft 0.76 AC lot

Wendy's restaurant for sale with corporate guaranteed lease.

Mixed-Use Building with Commercial Kitchen

Mixed-Use Building with Commercial Kitchen

120 N Main Street, Churubusco, IN 46723

$334,900

0.08 AC lot

Main-level commercial space plus three upper apartments, featuring an ADA-compliant layout and fully equipped restaurant kitchen systems.

Versatile Commercial Building

Versatile Commercial Building

717 W Washington Center Rd, Fort Wayne, IN 46825

Contact for pricing

Retail building with a roof about six years old and three new HVAC units, convertible to office or other commercial 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.

General Commercial Development Land

General Commercial Development Land

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

$2,800,500

28.41 AC lot

Large development tract at an I-69 exit with all utilities available and C-2P zoning for planned commercial uses.

Huntertown Commercial Land For Sale

Huntertown Commercial Land For Sale

16000 Lima Road, Huntertown, IN 46748

$329,000

2.25 AC lot

1.133 acre commercial land in Huntertown, Indiana.

Zoned Neighborhood Center Land Parcel

Zoned Neighborhood Center Land Parcel

16000 Lima Road, Huntertown, IN 46748

$329,000

2.25 AC lot

Level 1.133-acre corner lot with NC zoning and utilities available along Lima Road and Almon Street.

Riverfront Commercial Development Land

Riverfront Commercial Development Land

14408 Leo Road, Leo, IN 46765

$1,900,000

1.56 AC lot

Riverfront commercial land with an existing house and attached garage, positioned for strong daily visibility.

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

Value Estimation by Request

1,680 sqft 0.16 AC lot

RESTAURANT

104 Peters St, Garrett, IN 46738-1130

Value Estimation by Request

4,901 sqft 0.07 AC lot

1321 Randolph St

RESTAURANT

1321 Randolph St, Garrett, IN 46738-1970

Value Estimation by Request

1,461 sqft 1.00 AC lot

4504 State Rd 327

RESTAURANT

4504 State Rd 327, Garrett, IN 46738-9701

Value Estimation by Request

310 sqft

220 Randolph St

RESTAURANT

220 Randolph St, Garrett, IN 46738-1470

Value Estimation by Request

8,559 sqft 0.07 AC lot

RESTAURANT

101 6th Ave, Garrett, IN 46738-1915

Value Estimation by Request

1,280 sqft 0.62 AC lot

Garrett, IN Restaurants Market Trends and Statistics

Explore 7 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

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