1511 N Meridian Street Portland, IN 47371
- Added:
- Mar 16, 2026
- Days on Market:
- 26
- Last Refresh:
- Apr 10 at 9:06 am
Property Features for 1511 N Meridian Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Kitchen
- Parking
- 30
- Parking features
- Paved or Surfaced
- Interior features
- Drywall, Public Restrooms, Reception Area, Other, Refrigeration/Freezer
- Exterior features
- Public Restrooms, Reception Area, Other, Refrigeration/Freezer
- Standard status
- Active
- APN
- 38-07-16-200-016.000-034
- Lot size
- 0.66 Acres
Taxes and HOA fees
- Tax Annual Amount
- 20
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1975
- Floors in Building
- 1
- Flooring type
- Laminate
- Roof type
- Metal
- Architectural style
- Other
Listing agent Matt Tarter License #RB14040074 (260) 729-7119
Listing office Tarter Realty Auction and Appraisal Company 123 W Franklin St, Winchester, IN (765) 595-8155
Listing date Mar 16, 2026
MLS# 202608608
Listing URL
Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Turnkey Restaurant on Major Highway
This turnkey restaurant is situated on a highly visible corner lot along a major highway in Portland, Indiana. The remodeled commercial building benefits from excellent traffic counts and a convenient drive-up window. A spacious asphalt parking lot provides easy access for customers. The building has been extensively updated and is move-in ready. Improvements include new exterior paint, an expanded and newly paved parking lot, updated electrical systems, 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. The property is located at 1511 N Meridian Street, Portland, IN 47371, in Jay County. The lot size is 0.66 acres. This property is suitable for restaurant operators, franchise concepts, or investors.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Jay
- State
- Indiana
- Longitude
- -84.976425
- Latitude
- 40.415325
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Remodeled restaurant with drive-up, high visibility, major highway location.
Where is this conventional restaurant located?
The property is located at 1511 N Meridian Street Portland, IN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Turnkey restaurant opportunity in a highly visible location on a major highway.; Fully remodeled commercial building with updated electrical, HVAC, plumbing, and bathrooms.; Spacious asphalt parking lot with easy access and a convenient drive‑up window.
