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Portland, IN

Restaurants

Portland, IN Restaurants for Sale

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Pennville, IN Ridgeville, IN Redkey, IN Union City, IN Geneva, IN Bryant, IN Dunkirk, IN Albany, IN

Turnkey Corner Drive-Through Restaurant

Updated: Mar 16

Turnkey Corner Drive-Through Restaurant

1511 N Meridian Street, Portland, IN 47371

$499,000

0.66 AC lot

Fully remodeled commercial building built in 1975 with metal roof, central air, and laminate flooring
Extensive updates include new exterior paint, expanded newly paved asphalt parking lot, updated electrical, and new HVAC systems
New plumbing, new drywall, and brand new bathrooms
Updated dining area with new booths plus walk‑in cooler
Drive‑up window and setup designed for dine‑in, carryout, or drive‑through service

Turnkey Restaurant on Corner Lot

Updated: Mar 16

Turnkey Restaurant on Corner Lot

1511 N Meridian St, Portland, IN 47371

Contact for pricing

2,554 sqft

Turnkey restaurant opportunity in a fully remodeled commercial building.
Highly visible, large corner lot location on a major highway with excellent traffic counts.**
Spacious, newly paved asphalt parking lot with easy access and a convenient drive‑up window.
Extensively updated with new exterior paint, electrical, HVAC systems, plumbing, drywall, bathrooms, and dining area.
Includes a walk‑in cooler and new storage shed.

Event Center and Antique Mall

Event Center and Antique Mall

500 S Meridian Street, Portland, IN 47371

Contact for pricing

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

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 3 Active listings in Portland, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Red Lobster Triple-Net Restaurant

Red Lobster Triple-Net Restaurant

223 W McGalliard Rd, Muncie, IN 47303

Contact for pricing

6,641 sqft 1.59 AC lot

Single-tenant Red Lobster on an absolute triple-net lease with 16.15 years remaining on the base term.

Bar and Restaurant with Liquor License

Bar and Restaurant with Liquor License

3823 N Broadway Avenue, Muncie, IN 47303

$359,900

0.35 AC lot

Three-way liquor license and central air in a tile and carpet bar and restaurant with off-street parking.

Turn-Key Restaurant Opportunity Near Grand Lake

Turn-Key Restaurant Opportunity Near Grand Lake

202 W Logan St, Celina, OH 45822

Contact for pricing

3,445 sqft

Fully equipped restaurant for sale near downtown and Grand Lake.

Lakefront Retail Opportunities

Lakefront Retail Opportunities

733 West Bank, Celina, OH 45822

Contact for pricing

Retail suites are available within the Boardwalk Resort, with lake views out front.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Development Land Parcel

Commercial Development Land Parcel

Progress Boulevard, Winchester, IN 47394

$249,900

1.49 AC lot

Developable 1.49-acre parcel in Winchester, Indiana, positioned among retail and service businesses.

Commercial Land Parcel

Commercial Land Parcel

Symmes Center Drive Lot #3, Winchester, IN 47394

$349,900

3.57 AC lot

Build-ready acreage on a high-traffic road with convenient access to Highway 27 and Highway 32.

Commercial Land Parcel with Highway Access

Commercial Land Parcel with Highway Access

Symmes Center Drive, Winchester, IN 47394

$364,900

3.44 AC lot

Versatile acreage on a high-traffic road with direct access to Highway 27 and Highway 32.

Corner Commercial Development Lot

Corner Commercial Development Lot

792 Martin Street, Greenville, OH 45331

$67,000

0.52 AC lot

Hard-corner commercial lot on State Route 571 with deed restriction excluding gas station use.

Off-Market Properties in Portland, IN

Consider similar Off-Market properties in Portland, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1204 Votaw St

RESTAURANT

1204 Votaw St, Portland, IN 47371-9590

Value Estimation by Request

4,932 sqft 1.79 AC lot

619 Ship St

RESTAURANT

619 Ship St, Portland, IN 47371-1141

Value Estimation by Request

2,352 sqft 0.20 AC lot

1610 Meridian St

RESTAURANT

1610 Meridian St, Portland, IN 47371-9301

Value Estimation by Request

3,249 sqft 1.31 AC lot

1403 Meridian St

RESTAURANT

1403 Meridian St, Portland, IN 47371-1030

Value Estimation by Request

976 sqft 0.20 AC lot

1501 Meridian St

RESTAURANT

1501 Meridian St, Portland, IN 47371-9000

Value Estimation by Request

3,094 sqft 1.10 AC lot

1604 Meridian St

RESTAURANT

1604 Meridian St, Portland, IN 47371-9301

Value Estimation by Request

5,843 sqft 1.33 AC lot

705 Meridian St

RESTAURANT

705 Meridian St, Portland, IN 47371-1124

Value Estimation by Request

4,633 sqft 2.27 AC lot

1502 Meridian St

RESTAURANT

1502 Meridian St, Portland, IN 47371-9000

Value Estimation by Request

3,773 sqft 0.88 AC lot

1615 Meridian St

RESTAURANT

1615 Meridian St, Portland, IN 47371-9301

Value Estimation by Request

6,445 sqft 2.27 AC lot

126 High St

RESTAURANT

126 High St, Portland, IN 47371-1822

Value Estimation by Request

9,400 sqft 0.40 AC lot

Portland, IN Restaurants Market Trends and Statistics

Explore 13 restaurants for sale in Portland, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,554 square feet of properties for sale, with an estimated market value of $499,000.

Sale prices for restaurant properties in Portland, IN average $499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 12K

Population Growth (5Y) +0.9%

Median Household Income $59,215

College Educated 22.3%

High-Yield Neighborhoods for Investment

Identify Portland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
47371	$499K

Taxes & Financing

Tax Rate (average for all types) 2.43%

Property Tax per SF $51.89 per SF

Tax Rate vs County Average 0.01 pp above county avg

Average Loan-to-Value 65.0%

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Most Searched ZIP Codes in Portland, IN

47371