Listing courtesy of The Wyman Group · Listing agent: Paul Wyman · Cell: 765-419-1021

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20 E 5th Street

$799,000

$134.51 / sq ft

Peru, IN 46970

  • Basement
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Bathrooms
3
Lot
0.19 ac
Year built
1902
Type
Commercial Sale
Listed
March 5, 2026
MLS #
202607131

About this home

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.

Property details

Interior

Stories
2
Finished area above grade
5,940 sq ft
Basement
Full, Unfinished
Flooring
Concrete, Wood, Vinyl
Heating
Natural Gas, Forced Air
Cooling
Central Air

Exterior & parking

Construction
Brick
Roof
Rolled/Hot Mop
Parking
Parking Lot, Public Parking
Fencing
Metal, Partial
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
0.19 ac
Lot dimensions
130x65
Location type
City
County
Miami County
Township
Peru
Current use
Business Service, Restaurant
Road frontage
City Street
Platted
Yes
Planned unit development
No
Directions
From Main St, turn left on Broadway, the right on 5th St.

Taxes & terms

Annual taxes
$4,368
Tax year
2025
Tax abatement
No
Possession
doc
Parcel number
52-08-27-302-353.000-016

Included in the sale

Included in sale
Building,Business,Inventory

Utilities

Water
City
Sewer
Public Sewer

Income & commercial

Water meters
2
Ceiling height
22

Location

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