112 Meridian St Portland, IN 47371-2107
This exceptional single-tenant office space, located at 112 N Meridian St in Portland, Indiana, presents a fantastic opportunity for small businesses and entrepreneurs. Situated on the second floor of a two-story building constructed in 1968, this 179-square-foot traditional office space offers a functional and efficient layout ideal for a variety of professional uses. The property is classified as Class C and is part of a single-building complex within Jay County. Its downtown Portland location provides excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the community. The convenient location ensures easy access to local amenities and services, enhancing the overall appeal for both employees and clients. This space is ready for immediate occupancy and represents an affordable solution for businesses looking to establish or expand their operations in a thriving Indiana community. The property's straightforward design and prime location make it an excellent choice for those seeking a cost-effective and strategically located workspace. Don't miss this chance to secure a valuable asset in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.