Jack's East & Brews

Retail-Commercial for Sale
Catylist Listing ID: 30855376
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 1,568 SF
Gross Land Area: 12,540 SF
Sale Price: $159,900
Unit Price: $101.98 PSF
Ceiling: 9 ft.
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/9/2023

Overview / Comments

Discover an exceptional opportunity in Peru, Indiana, just east of downtown. This fully equipped restaurant/bar offers outdoor dining on a covered deck, a valuable liquor and gaming license, and a turnkey operation with fixtures, equipment, and even a pull tab ticket machine is included. The building has undergone a complete remodel in the last 5 years, boasting new flooring, plumbing, light fixtures, appliances, and modern bathrooms. With ample off-street parking and a prime location, this establishment is your gateway to owning a thriving hub for the local community and visitors. Don't miss out – seize the chance to make this versatile venue your own. Sellers are retiring and will continue operations until sold.


Finance Data Year 2010
Real Estate Taxes - Annual($) $198 (Annual)
Tax Value Land $6,600
Tax Value Improvements $0
Assessed Value - Total($) $6,600 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $198 (Annual)
Tax Value Land $6,600
Assessed Value - Total($) $6,600 (Annual)

Additional Details

Nearest MSA: Peru
County: Miami
Tax ID/APN: 52-08-27-401-087.000-016
Zoning: B1
Retail Clientele: General
Property Located Between: Wayne Street and Water Street
Property Visibility: Good
Feet of Frontage: 227
Site Description: Level, corner lot, 4-way stop at intersection
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,568 SF
Property Condition: Good
Year Built: 1900
Year Renovated: 2018
Construction/Siding: Metal Siding
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Package Unit
In Flood Plain?: Yes
Lot Frontage: 95
Lot Depth: 132
Water Service: Municipal
Sewer Type: Municipal
Legal Description: GODFROY AD E SD LOT 49 AND LOT 50

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,838 12,693 19,788
Median Age: 37.67 39.51 41.21
Households: 2,446 5,296 8,172
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