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Listed by The Wyman Group
$799,000
Est. payment /mo
3 Baths
8,276 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Restaurant
Listing Status Active
Purchase Type For Sale
MLS Listing ID IRM202607131
HOA Y/N No
Year Built 1902
Annual Tax Amount $4,368
Tax Year 2025
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 130x65
Property Sub-Type Restaurant
Property 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.
Location
State IN
Rooms
Basement Full, Unfinished
Interior
Heating Gas, Forced Air
Inclusions Building, Business, Inventory
Fireplace N
Exterior
Parking Features None, Parking Lot, Public Parking
Fence Metal, Partial
View Y/N true
Building
Sewer Public Sewer
Water City
New Construction No
Others
Pets Allowed No
Tax ID 52-08-27-302-353.000-016
Acceptable Financing IRM202607131
Listing Terms IRM202607131
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202607131
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IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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