Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Retail
  
  Shopping Center
  
  Strip Mall
- Restaurants
  
  Conventional Restaurant
  
  Drive-through
- Industrial
  
  Manufacturing
- Warehouse
  
  Self Storage
- Hospitality
  
  Campground
- Land
  
  Residential
  
  Recreation
Rent
- For Lease
- Post a Listing
Space Uses
- Office
Analytics
- Realmo Analytics
- Ownership Records
- Contacts
- Mortgages
- Value Estimation
- Cap Rate
- Zoning Insight
- Location Intelligence
- Business Placement
- Recently Sold
- Off-Market Leads

Advertise Sign In

For Sale
- Retail
  - Shopping Center
  - Strip Mall
- Restaurants
  - Conventional Restaurant
  - Drive-through
- Industrial
  - Manufacturing
- Warehouse
  - Self Storage
- Hospitality
  - Campground
- Land
  - Residential
  - Recreation
For Lease
- Office
Realmo Analytics
Ownership Records
Contacts
Mortgages
Value Estimation
Cap Rate
Zoning Insight
Location Intelligence
Business Placement
Recently Sold
Off-Market Leads
Advertise
Find Brokers

Portland, IN

Restaurants

Portland, IN Restaurants for Sale

List

Map

Ridgeville, IN Redkey, IN Dunkirk, IN Geneva, IN Hartford City, IN Berne, IN Winchester, IN Albany, DE

Updated Restaurant with Drive-Up Window

Updated: Mar 16

Updated Restaurant with Drive-Up Window

1511 N Meridian Street, Portland, IN 47371

$499,000

0.66 AC lot

0.66‑acre corner lot along a major highway
Drive‑up window supports carryout and drive‑through service
Expanded and newly paved asphalt parking lot
Updated electrical, HVAC, plumbing, drywall, and bathrooms
Refreshed dining area with new booths

Turnkey Restaurant on Corner Lot

Updated: Mar 27

Turnkey Restaurant on Corner Lot

1511 N Meridian St, Portland, IN 47371

$499,000

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.

Arby's Conventional Restaurant

Arby's Conventional Restaurant

705 N Meridian St, Portland, IN 47371

$1,662,971

A 4,633-square-foot restaurant property identified with the Arby's name in Portland.

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.

Mixed-Use Property with Restaurant

Mixed-Use Property with Restaurant

234 W Pearl St, Dunkirk, IN 47336

$974,900

41,751 sqft

Large multi-tenant commercial property with an operating restaurant, flexible business areas, and several supporting site improvements.

Mixed-Use Business Center

Mixed-Use Business Center

234 W Pearl Street, Dunkirk, IN 47336

$974,900

2.00 AC lot

Commercially zoned property combines occupied business rooms with restaurant infrastructure and multiple on-site parking areas.

Established Bar and Restaurant

Established Bar and Restaurant

3823 N Broadway Avenue, Muncie, IN 47303

$359,900

0.35 AC lot

Freestanding hospitality property with included kitchen equipment, furnishings, and a 3-way liquor license.

Remodeled Sports Bar with Stage

Remodeled Sports Bar with Stage

1811 S Burlington Avenue, Muncie, IN 47302

$355,000

0.70 AC lot

Includes bar, kitchen, restaurant equipment, liquor license, and a neighboring rental property.

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 Land

Commercial Land

Progress Boulevard, Winchester, IN 47394

$249,900

1.49 AC lot

Commercial parcel along US 27 near Walmart and established retail, dining, fuel, and medical businesses.

Commercial Land Near Retail

Commercial Land Near Retail

Symmes Center Drive Lot #3, Winchester, IN 47394

$349,900

3.57 AC lot

Commercial parcel positioned near retail, restaurants, medical services, and residential development.

Commercial Land Near Highway Access

Commercial Land Near Highway Access

Symmes Center Drive, Winchester, IN 47394

$364,900

3.44 AC lot

Commercial parcel with convenient connections to Highways 27 and 32, near retail, dining, medical, and residential uses.

Corner Commercial Land

Corner Commercial Land

792 Martin Street, Greenville, OH 45331

$67,000

0.52 AC lot

General-business zoning and public sewer support future commercial development at a signalized route intersection.

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

Estimated value:

$255,000

4,932 sqft 1.79 AC lot

619 Ship St

RESTAURANT

619 Ship St, Portland, IN 47371-1141

Estimated value:

$250,000

2,352 sqft 0.20 AC lot

1610 Meridian St

RESTAURANT

1610 Meridian St, Portland, IN 47371-9301

Estimated value:

$300,000

3,249 sqft 1.31 AC lot

1403 Meridian St

RESTAURANT

1403 Meridian St, Portland, IN 47371-1030

Estimated value:

$235,000

976 sqft 0.20 AC lot

1501 Meridian St

RESTAURANT

1501 Meridian St, Portland, IN 47371-9000

Estimated value:

$265,000

3,094 sqft 1.10 AC lot

1604 Meridian St

RESTAURANT

1604 Meridian St, Portland, IN 47371-9301

Estimated value:

$300,000

5,843 sqft 1.33 AC lot

705 Meridian St

RESTAURANT

705 Meridian St, Portland, IN 47371-1124

Estimated value:

$290,000

4,633 sqft 2.27 AC lot

1502 Meridian St

RESTAURANT

1502 Meridian St, Portland, IN 47371-9000

Estimated value:

$250,000

3,773 sqft 0.88 AC lot

1615 Meridian St

RESTAURANT

1615 Meridian St, Portland, IN 47371-9301

Estimated value:

$225,000

6,445 sqft 2.27 AC lot

126 High St

RESTAURANT

126 High St, Portland, IN 47371-1822

Estimated value:

$310,000

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 $2,660,971.

Sale prices for restaurant properties in Portland, IN start at $499,000, averaging $886,990, and reaching up to $1,662,971 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

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%

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Contact Us