Investor Special: 12-Unit Value-Add Opportunity. Multi-Family Acquisition Opportunity! This 12 -unit commercial asset property at 121 E Quincy Street represents a powerhouse addition to any commercial portfolio. The ability for one revenue stream diversification under a single roof. This massive logistical and financial asset exhibits heavy value-add/rehab and is selling strictly "as-is". With the sheer scale, unit count, and strong tenant footprint, it creates a massive equity-building framework for value-add investors and rehabbers alike. Current occupancy rate: 58.33%. Consider the BRRRR strategy or a high yielding long term hold. Sits in a highly walkable Garrett location close to downtown amenities and local schools. Opportunity Zone
Turnkey Commercial Opportunity in the Heart of Garrett! Recently renovated commercial building in a great location just off Garrett’s main road, offering a flexible layout ready for its next business venture. Previously utilized as a tax consulting office and a pet boutique and bakery, the property offers a versatile combination of dedicated office space, a kitchen area, bathroom, and a separate storage area. The convenient location provides easy access for customers and clients, with public street parking available as well as a city-owned parking lot conveniently located across the road. Whether you're looking to establish a professional office, retail concept, service-based business, or another permitted commercial use, this well-maintained space provides an excellent foundation. A great opportunity for an owner-user or investor looking for an updated commercial property in a convenient Garrett location. Bring your vision and make this space your own!
Incredible Opportunity to Own a Thriving, Turnkey Business in a Historic Location! Step right into ownership of a well-established and highly profitable bar, complete with a rare and moveable 6-way grandfathered liquor license—perfect for catering and gaming events. This sale includes all inventory (liquor and beer), a brand-new walk-in cooler, an antique keg cooler, a state-of-the-art sound and projection system, tables, chairs, TVs, speakers, signage (with bright LED lighting), and a top-notch security system.The property itself boasts a charming, well-maintained historic building with a list of improvements ( as for flyer) and comes with 6 additional lots one newly paved for more parking—offering endless possibilities for expansion or development. In addition to the bar, the building features two income-producing residential apartments (both 2-bedroom units) that currently generate $1,450/month.This fully stocked bar has long been a beloved community hub. Don’t miss your chance to own a piece of local history and a thriving business!
Garrett is located in Indiana. Garrett, Indiana has a population of 6,592. Garrett is less family-centric than the surrounding county with 27.44% of the households containing married families with children. The county average for households married with children is 31.91%.
The median household income in Garrett, Indiana is $56,386. The median household income for the surrounding county is $60,757 compared to the national median of $69,021. The median age of people living in Garrett is 37.3 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 38.4 inches per year, with 29.6 inches of snow per year.
