1511 N Meridian Street, Portland, IN 47371
1511 N Meridian Street, Portland, IN 47371
1511 N Meridian Street, Portland, IN 47371
28
See all 28 photos
$499,000
Est. payment /mo
0.66 Acres Lot
Active

1511 N Meridian Street Portland, IN 47371

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Key Details

Property Type Commercial

Sub Type Restaurant/Bar

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202608608

Year Built 1975

Annual Tax Amount $20

Tax Year 2026

Lot Size 0.660 Acres

Property Sub-Type Restaurant/Bar

Property Description

Turnkey restaurant opportunity located on a highly visible and large corner lot along a major highway in Portland. This fully remodeled commercial building offers excellent traffic counts, outstanding exposure, and a convenient drive-up window. The property features a spacious asphalt parking lot with easy access, making it ideal for dine-in, carryout, or drive-through service. The building has been extensively updated and is truly move-in ready. Improvements include new exterior paint, expanded and newly paved parking lot, updated electrical, new HVAC systems, new plumbing, new drywall, brand new bathrooms, and a fully updated dining area with new booths. Additional features include a walk-in cooler and a new storage shed for added functionality. With its prime location, high visibility, and turnkey restaurant setup, this property offers an outstanding opportunity for restaurant operators, franchise concepts, or investors. Offered at $499,000.

Location

State IN

County Jay County

Area Jay County

Zoning HS Highway Service District

Direction Hwy 28 to Hwy 67 to Portland. North Hwy 27 to property.

Interior

Flooring Laminate

Appliance Building, Land

Laundry , 30

Exterior

Fence None

Roof Type Metal

Total Parking Spaces 30

Building

Story 1

New Construction No

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202608608


Indiana Regional MLS (IRMLS)
Listed by Matt Tarter • Tarter Realty Auction and Appraisal Company

NEARBY SCHOOL & BUSINESS

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Timothy Vicsik

Timothy Vicsik

Broker Associate | RB14051798

+1(574) 329-9587

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1511 N Meridian Street

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