You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Commercial land

112 Meridian St Portland, IN 47371-2107

0.07 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US31-1632044
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.07 ac (3,132 SF)
APN 38-07-20-104-093.000-034
UPID US31-1632044
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
MAINSOURCE BANK
MAINSOURCE BANK
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 112 Meridian St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message