Restaurants

Portland, IN Restaurants for Sale

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Ridgeville, IN Redkey, IN Dunkirk, IN Geneva, IN Berne, IN Winchester, IN Montpelier, IN Albany, IN
Updated Restaurant with Drive-Up Window
Updated: Mar 16
Updated Restaurant with Drive-Up Window

1511 N Meridian Street, Portland, IN 47371

$319,000
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
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Arby's Conventional Restaurant
Updated: Aug 13
Arby's Conventional Restaurant

705 N Meridian St, Portland, IN 47371

$1,662,971
4,633‑square‑foot conventional restaurant property
Identified with the Arby's name
705 N Meridian St, Portland, IN 47371
Portland community population of roughly 6,000 residents
Regional connectivity via U.S. Route 27 and State Road 26
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
2 active listings match your search: Restaurant for sale in Portland, IN. Based on your search, we've also compiled 18 Potential Opportunities for your consideration: 4 properties in nearby cities, 10 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Downtown Mixed-Use Building
Downtown Mixed-Use Building

202 S Main Street, Celina, OH 45822

$1,950,000
7,500 sqft  Built 1876

Upper-level commercial space is available by floor or as a combined offering above an operating tavern.

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Drive-Through Conventional Restaurant
Drive-Through Conventional Restaurant

202 W Logan Street, Celina, OH 45822

$375,000
3,445 sqft  Built 1974

Brick restaurant property with a commercial kitchen, multiple dining areas, bar, patio, and on-site parking.

18 spaces  Drive-thru  Liquor license  Equipment included  Furnished
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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.

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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.

View details

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 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.

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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.

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Corner Commercial Land
Corner Commercial Land

792 Martin Street, Greenville, OH 45331

$67,000
0.52 acres

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

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C-2 Commercial Land
C-2 Commercial Land

SCHWIETERMAN, New Bremen, OH 45869

$70,000
0.63 acres

Commercial land with C-2 zoning and access to public sewer, positioned beside established businesses.

View details

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
View details
619 Ship St
RESTAURANT

619 Ship St, Portland, IN 47371-1141

Estimated value:
$250,000
2,352 sqft 0.20 AC lot
View details
1610 Meridian St
RESTAURANT

1610 Meridian St, Portland, IN 47371-9301

Estimated value:
$300,000
3,249 sqft 1.31 AC lot
View details
1403 Meridian St
RESTAURANT

1403 Meridian St, Portland, IN 47371-1030

Estimated value:
$235,000
976 sqft 0.20 AC lot
View details
1501 Meridian St
RESTAURANT

1501 Meridian St, Portland, IN 47371-9000

Estimated value:
$265,000
3,094 sqft 1.10 AC lot
View details
1604 Meridian St
RESTAURANT

1604 Meridian St, Portland, IN 47371-9301

Estimated value:
$300,000
5,843 sqft 1.33 AC lot
View details
705 Meridian St
RESTAURANT

705 Meridian St, Portland, IN 47371-1124

Estimated value:
$290,000
4,633 sqft 2.27 AC lot
View details
1502 Meridian St
RESTAURANT

1502 Meridian St, Portland, IN 47371-9000

Estimated value:
$250,000
3,773 sqft 0.88 AC lot
View details
1615 Meridian St
RESTAURANT

1615 Meridian St, Portland, IN 47371-9301

Estimated value:
$225,000
6,445 sqft 2.27 AC lot
View details
126 High St
RESTAURANT

126 High St, Portland, IN 47371-1822

Estimated value:
$310,000
9,400 sqft 0.40 AC lot
View details

Portland, IN Restaurants Market Trends and Statistics

Explore 12 restaurants for sale in Portland, IN on our real estate platform.

Sale prices for restaurant properties in Portland, IN start at $319,000, averaging $990,985, 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2
Drive through restaurants 2

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 $827K

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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