Conventional Restaurant

Portland, IN Conventional Restaurants for Sale

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Turnkey Corner Drive-Through Restaurant
Updated: Mar 16
Turnkey Corner Drive-Through Restaurant

1511 N Meridian Street, Portland, IN 47371

$499,000
0.66 AC lot
Fully remodeled commercial building built in 1975 with metal roof, central air, and laminate flooring
Extensive updates include new exterior paint, expanded newly paved asphalt parking lot, updated electrical, and new HVAC systems
New plumbing, new drywall, and brand new bathrooms
Updated dining area with new booths plus walk‑in cooler
Drive‑up window and setup designed for dine‑in, carryout, or drive‑through service
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Arby's Conventional Restaurant
Updated: Aug 7
Arby's Conventional Restaurant

705 N Meridian St, Portland, IN 47371

Contact for pricing
4,633 sqft
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.

Turn-Key Restaurant with Drive-Through
Turn-Key Restaurant with Drive-Through

202 W Logan Street, Celina, OH 45822

$375,000
3,445 sqft 0.31 AC lot

Fully equipped restaurant sale includes three dining areas, bar, and a drive-through window.

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Red Lobster Triple-Net Restaurant
Red Lobster Triple-Net Restaurant

223 W McGalliard Rd, Muncie, IN 47303

Contact for pricing
6,641 sqft 1.59 AC lot

Single-tenant Red Lobster on an absolute triple-net lease with 16.15 years remaining on the base term.

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Bar and Restaurant with Liquor License
Bar and Restaurant with Liquor License

3823 N Broadway Avenue, Muncie, IN 47303

$359,900
0.35 AC lot

Three-way liquor license and central air in a tile and carpet bar and restaurant with off-street parking.

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Turn-Key Restaurant Opportunity Near Grand Lake
Turn-Key Restaurant Opportunity Near Grand Lake

202 W Logan St, Celina, OH 45822

Contact for pricing
3,445 sqft

Fully equipped restaurant for sale near downtown and Grand Lake.

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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. These investment opportunities span a total of 4,633 square feet of properties for sale, with an estimated market value of $499,000.

Sale prices for conventional restaurants in Portland, IN average $499,000 — 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

Drive through restaurants 3
Conventional 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 $499K

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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