Listing courtesy of The Wyman Group · Listing agent: Paul Wyman · Cell: 765-419-1021
20 E 5th Street
$799,000
$134.51 / sq ft
Peru, IN 46970
- Basement
- 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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