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About This Home
This 0-bedroom, 2-bathroom commercial at 1511 N Meridian Street in Portland, IN is listed for $499,000. Built in 1975, on a 0.66 acres lot.
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.
Key Features
- Built in 1975
- 0.66 acre lot
- 30 parking spaces
Property Details
Monthly Cost Estimate
$2,669/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1511 N Meridian Street
Portland, IN 47371
Other
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 2-bathroom commercial at 1511 N Meridian Street is listed at $499,000. The estimated monthly payment is $2,162 based on 20% down at 6.5% interest.
Key features include: Built in 1975, 0.66 acre lot, 30 parking spaces. Interior Features: Drywall, Public Restrooms, Reception Area. Exterior Features: Public Restrooms, Reception Area, Other.
This property is listed by Matt Tarter and can be reached at 2607297119 or matt@teamtarter.com.