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214 Main St Portland, IN 47371

For Sale
$75,400

Historic 5500+ sq ft Duplex, Huge Potential

Description

Added:
Feb 3, 2025
Days on Market:
309
This unique 5500+ square foot, two-story commercial duplex presents a rare investment opportunity in Portland, Indiana's downtown square. Situated on a 0.23-acre lot at 214 W Main Street, this 1880s building offers exceptional potential for redevelopment. The ground floor boasts a wide-open retail space, stripped to its original brick walls, ready for a modern vision. Multiple points of entry – front, back, and side – provide versatile access for various businesses. Upstairs, the original layout featured two large, front-to-back apartments, subdivided into numerous individual spaces. Much of the original woodwork, doors, and hardwood floors remain, awaiting restoration. Access to the upper level is available via an existing interior staircase at the front and a previously existing rear staircase (currently removed). An exterior entrance for the upstairs is also restorable. The upper level also features two additional exterior openings (currently inaccessible). The property includes two additional outbuildings and a gravel parking lot. Street parking is also available. This property offers a remarkable chance to own a piece of Portland's history and create a thriving commercial enterprise. The adjacent parking lot is blacktop, while the subject property's parking is gravel.

Property Features for 214 Main St

General Information

Property type
Other commercial real estate
Lot Size
10,019 SF

Building Details

Year Built
1880

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Portland
County
Jay
State
Indiana
Longitude
-84.97993
Latitude
40.43353

FAQs

What type of property is this?
Commercial real estate - Historic 5500+ sq ft Duplex, Huge Potential
Where is this commercial real estate located?
The property is located at 214 Main St Portland, IN.
What is the asking price?
The asking price for this property is $75,400.
More about this property
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