20 E 5th Street Peru, IN $ 799,000
20 E 5th Street
$ 799,000
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20 E 5th Street

Peru, IN, 46970
$ 799,000
Bedrooms-- Baths3.0 Sq 5,940

Monthly Estimate*

$ 4,920

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Commercial Property for sale in Peru, IN

for $799,000 with 3 full baths. This 5,940 square foot building was built in 1902 on a lot size of 0.19.

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.

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Commercial Active

Price

$ 799,000

Full Bath

3

Property Type

Commercial

Taxes

$ 4,368

Style

Restaurant/Bar

Lot Size

0.19

Year Built

1902

Town/City

Peru

County/Region

Miami

MLS | Web ID

202607131

Features
General
Heating Gas Forced Air
Cooling Central Air
Ceiling Height 22
Roof Rolled
Parking Yes Lot Public
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 3
Year Built 1902
New Construction No
Subdivision None
Stories Count 1
Township Peru
Class COMMERCIAL
Type Restaurant/Bar
Age 124
Special Features 110 Volts 220 Volts Single Phase Fenced Overhead Door 1 Basement Refrigeration/Freezer
REO No
Status Detail 0
Area Miami County
Location City
City Peru
Legal Description 021-02416-00 Original Plat; 00-00-00; .00 Lot 223; 4102416000
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202607131
Agent First Name Paul
Agent Last Name Wyman
DOM 1
Tax Year 2025
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Exterior
Road Access City
Exterior Brick
Driveway None
Lot Size Area 8276
Lot Dimensions 130x65
Parking Type public
Fence Metal Partial
Waterfront Y/N No
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Interior
Flooring Concrete Wood Vinyl
Basement/Foundation Full Basement Unfinished
Walls Drywall
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* Excluded Features
List By
Paul Wyman

Listing Agent

The Wyman Group

Broker

pwyman8@aol.com

Email

Affordability Calculator

$5,284
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,920
Monthly Property Taxes
$364
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2026$799,000 Listed Price

Map


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20 E 5th Street, Peru, IN, 46970 is a Commercial Property for sale at $799,000 with 5,940 sqft and a lot size of 0.19. 20 E 5th Street has 3.0 baths and was built in 1902. The property's zip code is 46970 which is in Peru, IN