2,554 sqft

$499,000

1511 N Meridian Street, Portland IN, 47371

Price per sqft$195.38

Built in1975

Property size2,554 sqft

Property typeCommercial

Courtesy of Tarter Realty Auction & Apprai, Matt Tarter Listing Contact:

Overview

Active

Listed Mar 16, 2026

Updated 4 weeks ago

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

MLS^® ID: 22089023

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.66 Acres

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