118 N Peters Street, GARRETT, IN
Others for Sale - $350,000
Property Info
CIMLS# | 1081066 |
Location 118 N Peters Street GARRETT IN 46738 | |
Updated | May 20th, 2021 |
Type | Others |
Price | $350,000 |
Property Description
MOTIVATED SELLER! THIS PROPERTY CAN BE ACQUIRED WITHOUT HAVING TO PURCHASE THE BUSINESS. THE MAIN LEVEL CAN BE CONVERTED INTO ADDITIOANL RENTAL UNITS. THERE ARE CURRENTLY 2 APARTMENTS UPSTAIRS, WHICH ARE RENTED. THIS IS ALSO A GREAT OPPORTUNITY FOR A NEW OWNER TO STEP INTO A WELL ESTABLISHED AND PROFITABLE BUSINESS! Included with ownership is the 6-way grandfathered moveable liquor license, all liquor and beer inventory, new walk-in cooler, an antique keg cooler, sound system and projection, all tables, chairs, TV's, speakers, signs and security system. Great signage with LED lighting. The moveable grandfathered liquor license also includes catering and gaming. This well maintained historic building comes with 5 additional lots. New metal roof in 2004. In addition to the bar, the building includes two cash generating residential apartment units currently generating $1430 per month. The apartments have 2 bedrooms in each unit. This fully stocked bar is a local has continuously remained a favorite with locals. Don't let this well established community gathering spot pass you by.