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Listed by Matt Tarter • Tarter Realty Auction & Apprai
$ 499,000
Est. payment /mo
Active
1511 N Meridian ST Portland, IN 47371
2,554 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,554 sqft
Price per Sqft $195
MLS Listing ID 22089023
Year Built 1975
Tax Year 2026
Lot Size 0.660 Acres
Acres 0.66
Property Sub-Type Retail
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
Zoning HS
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N false
Roof Type Metal
Building
New Construction false
Schools
School District Jay School Corporation
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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