Mixed-Use Property with
For Sale
Contact for pricing
Pending
311 N Meridian St, Portland, IN 47371
Operating bicycle and moped business with inventory, residential units, and additional parking areas.
Property SizeContact for details
Days on Market142
Property Features for 311 N Meridian St
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Business Included
Yes
Building Details
Tenancy
Multi
Listing Agency:
CENTURY 21 Advance Realty
(260) 703-6162
Listed By:
Jerod Clark · License #IN
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 2:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Advance Realty
Investment Insights
Based on property information with market context.
This mixed-use property combines an operating bicycle and moped business with residential components. The commercial operation has been established for 24 years and includes current inventory intended to support continued operations. The business is associated with Tomos mopeds and serves as a Diamond Back and Raleigh bicycle dealer.
Two efficiency apartments are part of the property and are currently rented, with occupants responsible for their own utilities. The rear of the business also includes two parking areas that are rented separately. Located at 311 N Meridian St in Portland, Indiana, the property brings together commercial activity, apartment income, inventory, and additional parking uses in one offering.
Two efficiency apartments are part of the property and are currently rented, with occupants responsible for their own utilities. The rear of the business also includes two parking areas that are rented separately. Located at 311 N Meridian St in Portland, Indiana, the property brings together commercial activity, apartment income, inventory, and additional parking uses in one offering.
Key Highlights
- Established 24‑year bicycle and moped business
- Current inventory included with the sale
- Tomos moped business and Diamond Back and Raleigh bicycle dealership
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
326
Businesses Nearby
Explore this area
Business Placement
Demographics for 47371, IN
12,143
Population
5,458
Households
2.2
Avg Household Size
41
Median Age
15%
College-Educated
85%
High-School Grad
219.6 sq mi
ZIP Area
55
Density / Sq Mi
$59,215
Median Household Income
$38,031
Median Earnings
$746
Median Rent
$116,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Operating bicycle and moped business with inventory, residential units, and additional parking areas.
Where is this mixed-use property located?
The property is located at 311 N Meridian St Portland, IN.
What are key features of this property?
This property features: Established 24‑year bicycle and moped business; Current inventory included with the sale; Tomos moped business and Diamond Back and Raleigh bicycle dealership
