1511 N Meridian Street, Portland, IN 47371

$499,000
2,554
SqFt

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List Price
$499,000
MLS#
22089023
Property Type
Commercial Sale
Sqft. of Residence
2,554
Year Built
1975
Days on Market
142
Status
ACTIVE

Property Description

Turnkey restaurant opportunity located on a highly visible and large corner lot along a major highway in Portland. This fully remodeled commercial building offers excellent traffic counts, outstanding exposure, and a convenient drive-up window. The property features a spacious asphalt parking lot with easy access, making it ideal for dine-in, carryout, or drive-through service. The building has been extensively updated and is truly move-in ready. Improvements include new exterior paint, expanded and newly paved parking lot, updated electrical, new HVAC systems, new plumbing, new drywall, brand new bathrooms, and a fully updated dining area with new booths. Additional features include a walk-in cooler and a new storage shed for added functionality. With its prime location, high visibility, and turnkey restaurant setup, this property offers an outstanding opportunity for restaurant operators, franchise concepts, or investors. Offered at $499,000.

Additional Information

Acres
0.66
Heat
Forced Air
Cooling
Central Air
Financing
Conventional, FHA, USDA, VA
Region
Wayne

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Calculator source: Real Geeks

Listing courtesy of Tarter Realty Auction & Apprai.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative