Listing courtesy of Encore Sotheby's International Realty · Listing agent: Mike Johnson · Cell: 317-590-3454
159 S Broadway Avenue
$750,000
$127.38 / sq ft
Peru, IN 46970-2289
- On Wabash River
- Basement
- Bathrooms
- 3
- Lot
- 0.95 ac
- Year built
- 1869
- Type
- Retail
- Listed
- May 22, 2026
- MLS #
- 202619755
About this home
Historic riverside commercial opportunity. Presenting a rare chance to own a piece of local history. The Granary and The Toll House are ideally situated at the prominent corner of South Broadway and Canal Street. These two landmark buildings enjoy a picturesque setting along the scenic banks of the Wabash River serving as a vibrant community hub. The Granary features stunning post and beam construction, showcasing many of the original architectural details of a bygone era. Operating as a year-round destination and extension of the renowned McClure Orchard and Winery, The Granary features a selection of orchard-fresh products, including signature ciders, meads, and seasonal harvests. The Toll House is a charming historic structure which currently houses an upscale boutique offering clothing, jewelry and specialty Christmas decor. Both structures have been meticulously maintained, featuring significant recent capital improvements that preserve their historic integrity while ensuring modern functionality. High visibility at a key intersection with significant riverfront appeal. This is a unique opportunity to acquire two historic, established, turn-key landmarks with a prominent setting in the heart of Peru.
Property details
Interior
- Stories
- 2
- Finished area above grade
- 5,888 sq ft
- Basement
- Unfinished
- Flooring
- Wood
- Heating
- Natural Gas
- Cooling
- Central Air
Exterior & parking
- Construction
- Brick, Wood Siding
- Roof
- Asphalt, Metal
- Parking
- Asphalt, Parking Lot, Paved, Private
- New construction
- No
Waterfront & lake
- Waterfront
- Yes
- Body of water
- Wabash River
- Water access
- Riverfront
- Water frontage
- 234 ft
- Water feature
- River
Lot
- Lot size (acres)
- 0.95 ac
- Lot dimensions
- 234X224
- Location type
- City
- County
- Miami County
- Township
- Peru
- Current use
- Restaurant, Retail
- Road frontage
- City Street
- Road surface
- Asphalt
- Lots
- 0
- Platted
- Yes
- Planned unit development
- No
- Directions
- Located on the corner of Canal Street and Broadway.
Taxes & terms
- Annual taxes
- $12,174
- Tax year
- 2025
- Tax exemptions
- No Exemptions
- Tax abatement
- No
- Possession
- Negotiable
- Parcel number
- 52-08-27-300-007.000-016
Included in the sale
- Included in sale
- Building,Land
Utilities
- Water
- City
- Sewer
- Public Sewer
- Utilities
- Gas Hook-Up, Mun. Sewer Hook-Up, Mun. Water Hook-Up, Mun. Water to Site
- Electric provider
- Peru Utilities
- Gas provider
- NIPSCO
- Water provider
- Peru Utilities
Income & commercial
- Electric meters
- 2
- Water meters
- 2
- Ceiling height
- 12'
Location
Similar homes
$795,000
Listed Oct 17, 2019W Old Key Drive
Peru, IN 46970
Listing courtesy of Carriger Oldfather Realty, Inc

