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$799,000

For Sale

2 days ago

MLS® 202607131

0 Bed

3 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $4,368
Days Active 1
Approx. Age 1902
MLS® Number 202607131

Property Address: 20 E 5th St, Peru, IN, 46970-2355

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey business opportunity with building included in the heart of downtown Peru! This thriving café 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 Café. 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 café 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.
MLS® Number202607131
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1902
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 5, 2026List Date
$799,000List Price
  • Commute

Commute

Starting Address
Destination Address
20 E 5 Th St, Peru, IN

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