Conventional Restaurant

Portland, IN Conventional Restaurants for Sale

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Ridgeville, IN Redkey, IN Dunkirk, IN Geneva, IN Hartford City, IN Berne, IN Winchester, IN Albany, DE
Updated Restaurant with Drive-Up Window
Updated: Mar 16
Updated Restaurant with Drive-Up Window

1511 N Meridian Street, Portland, IN 47371

$499,000
0.66 AC lot
0.66‑acre corner lot along a major highway
Drive‑up window supports carryout and drive‑through service
Expanded and newly paved asphalt parking lot
Updated electrical, HVAC, plumbing, drywall, and bathrooms
Refreshed dining area with new booths
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Arby's Conventional Restaurant
Updated: Aug 13
Arby's Conventional Restaurant

705 N Meridian St, Portland, IN 47371

$1,662,971
4,633‑square‑foot conventional restaurant property
Identified with the Arby's name
705 N Meridian St, Portland, IN 47371
Portland community population of roughly 6,000 residents
Regional connectivity via U.S. Route 27 and State Road 26
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Portland, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

234 W Pearl St, Dunkirk, IN 47336

$924,900
41,751 sqft

Large multi-tenant commercial property with an operating restaurant, flexible business areas, and several supporting site improvements.

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Mixed-Use Business Center
Mixed-Use Business Center

234 W Pearl Street, Dunkirk, IN 47336

$924,900
2.00 AC lot

Commercially zoned property combines occupied business rooms with restaurant infrastructure and multiple on-site parking areas.

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Established Bar and Restaurant
Established Bar and Restaurant

3823 N Broadway Avenue, Muncie, IN 47303

$359,900
0.35 AC lot

Freestanding hospitality property with included kitchen equipment, furnishings, and a 3-way liquor license.

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Remodeled Sports Bar with Stage
Remodeled Sports Bar with Stage

1811 S Burlington Avenue, Muncie, IN 47302

$355,000
0.70 AC lot

Includes bar, kitchen, restaurant equipment, liquor license, and a neighboring rental property.

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Portland, IN Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Portland, IN on our real estate platform.

Sale prices for conventional restaurants in Portland, IN start at $499,000, averaging $1,080,985, and reaching up to $1,662,971 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2
Drive through restaurants 2

Demographics Overview

Population 12K
Population Growth (5Y) +0.9%
Median Household Income $59,215
College Educated 22.3%

High-Yield Neighborhoods for Investment

Identify Portland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47371 $1.1M

Taxes & Financing

Tax Rate (average for all types) 2.43%
Property Tax per SF $51.89 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

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