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$ 499,000
Est. payment /mo
Active
1511 N Meridian Street Portland, IN 47371
0.66 Acres Lot
UPDATED:
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
IDX information provided by the Indiana Regional MLS
Listed by Matt Tarter • Tarter Realty Auction and Appraisal Company
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