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20 E 5th Street
Peru, IN 46970

$799,000 - Status: Active
Beds: 0
Baths:
MLS# 202607131

Turnkey business opportunity with building included in the heart of downtown Peru! This thriving caf and catering operation is paired with a beautifully renovated commercial building offering over 5,000 sq ft on the main level plus an unfinished second floor ready for future development. Originally renovated in 2021 with striking modern industrial finishes, the building has since been transformed into the successful home of Garden Gate Caf. The former brewery space was converted into a fully operational catering headquarters, significantly expanding production and creating a strong, healthy bottom line. A hot kitchen was added to support an expanded menu featuring whole, thoughtfully sourced foods prepared fresh on-site, including artisan breads, cookies, cupcakes, muffins, and scratch-made soups. The caf operates six days a week with extended hours and a loyal, established customer base. The main level features spacious dining areas, bar space, outdoor seating, and dedicated catering production space. Recent improvements include a new exterior electrical sign, added security lighting and exterior outlets, and basement upgrades with four dehumidifiers and an installed vapor barrier. The unfinished second floor provides excellent potential for apartments, condo-style living, event space, expanded dining, or additional income-producing opportunities. Sale includes the business, building, and the majority of furnishings and equipment, creating a true turnkey opportunity with future growth potential in a prime downtown location.

Property Features

MLS#: 202607131
Zip: 46970
Subdivision:
Development: Peru
Property Type: Commercial
Basement: Yes
Cooling: Central Air
Days on Site: 64
Heating: Gas, Forced Air
Home Style: Restaurant/Bar
Lot Size: 0.19 acres
Roof Type: Rolled
Year Built: 1902

Feature Descriptions

Basement/ Foundation: Full Basement, Unfinished
Exterior: Brick
Location: City
Lot Dimensions: 130x65
Sale Inclusions: Building, Business, Inventory
Sewer: City
Water: City

20 E 5th Street | MLS# 202607131

This commercial property located at 20 E 5th Street, Peru, IN 46970 is currently listed for sale with an asking price of $799,000. Search Peru real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: The Wyman Group
Agency Contact: Cell: 765-419-1021
Agent Name: Paul Wyman

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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