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Event Center and Antique Mall
For Sale
Contact for pricing
Pending

500 S Meridian Street, Portland, IN 47371

Multi-use retail and event space includes an antique mall, furnished event center kitchen, and meeting area.

Property SizeContact for details
Days on Market149

Property Features for 500 S Meridian Street

General Information

Standard status Pending
Property subtype Special Purpose
Listing Agency: CENTURY 21 Advance Realty
Listed By: Jerod Clark · License #IN
Source: Crexi
Added: Apr 12 Changed: Aug 14 Last Checked: Sep 6 at 10:41PM

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 property operates as an antique mall and event center, with additional rented space for a judo club. The antique mall currently features more than 250 booths and has a waiting list of approximately 125 dealers. Recent owner upgrades include new LED lighting and heaters.

The event center is described as booked on weekends for approximately two years. It includes a fire code-inspected, furnished kitchen with two stainless refrigerators and a gas stove, along with approximately 15,000 square feet of meeting area.

Additional improvements include approximately 12,000 square feet of open area with a new metal roof and a bathroom. The property also features an attached brick home with woodwork, which is presented as adaptable for uses such as a bed and breakfast. The seller also notes a spot within the facility that could be used as a diner.

Key Highlights

  • Multi‑use facility operating as an antique mall, event center, and a rented spot for a judo club.
  • Antique mall has 250+ booths currently, with a waiting list of 125+/- dealers for available spots.
  • Event center is booked out on weekends for 2 years and includes a fire code‑inspected furnished kitchen.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Skin Care Clinic Law Firm Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

535
Businesses Nearby

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Multi-use retail and event space includes an antique mall, furnished event center kitchen, and meeting area.
Where is this retail space located?
The property is located at 500 S Meridian Street Portland, IN.
What are key features of this property?
This property features: Multi‑use facility operating as an antique mall, event center, and a rented spot for a judo club.; Antique mall has 250+ booths currently, with a waiting list of 125+/- dealers for available spots.; Event center is booked out on weekends for 2 years and includes a fire code‑inspected furnished kitchen.
(260) 703-6162 Call to check price and availability
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