20 E 5th Street
Peru, IN
$799,000
20 E 5th Street, Peru, IN 46970
Peru, IN 46970
MLS# IRM202607131
Listed 155 days ago
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
- Type
- Commercial
- Year Built
- 1902
- Lot Size
- 0.19 acres
- Listed
- 155 days ago
- County
- Miami County
- Listing Office
- The Wyman Group
Mortgage Calculator
Estimate principal and interest for this listing.
$159,800
Estimated monthly payment
$4,040/mo
- Principal & interest
- $4,040
- Loan amount
- $639,200
Estimate only — not MLS listing data. Does not include taxes, insurance, or other costs. Rates change daily.
Listed by The Wyman Group. Contact Cell: 765-419-1021.





