20 E 5th ST, Peru, IN 46970
20 E 5th ST, Peru, IN 46970
20 E 5th ST, Peru, IN 46970
20 E 5th ST, Peru, IN 46970
20 E 5th ST, Peru, IN 46970
20 E 5th ST, Peru, IN 46970
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Ryan Cox

Ryan Cox

+1(317) 474-3026
Listed by Paul Wyman • The Wyman Group • Cell: 765-419-1021
$ 699,000
Est. payment | /mo

3 Baths

8,276 Sqft Lot

Save Virtual Tour
$ 699,000
Est. payment | /mo
Save Virtual Tour

3 Baths

8,276 Sqft Lot

Key Details

Property Type Other Types

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 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

County Miami County

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

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.

Nearby Locations

Ryan Cox

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(317) 474-3026

ryancox@discoverindyhomes.com

6357 W US Highway 52, New Palestine, IN 46163, USA

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20 E 5th ST