About 1511 N Meridian Street
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.
Features of 1511 N Meridian Street
| MLS® # | 202608608 |
|---|---|
| Price | $499,000 |
| Bathrooms | 2.00 |
| Square Footage | 28,750 |
| Acres | 0.66 |
| Year Built | 1975 |
| Type | Commercial |
| Sub-Type | Restaurant/Bar |
| Status | Active |
Community Information
| Address | 1511 N Meridian Street |
|---|---|
| Subdivision | Other |
| City | Portland |
| County | Jay County |
| State | IN |
| Zip Code | 47371 |
Amenities
| Utilities | Electric Hook-Up, Mun. Sewer to Site, Mun. Water Hook-Up |
|---|---|
| Features | Public Restrooms, Reception Area, Other, Refrigeration/Freezer |
| Parking Spaces | 30 |
| Parking | Lot, Paved, Private |
| Is Waterfront | No |
Interior
| Interior | Drywall |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| # of Stories | 1 |
| Basement | Slab |
Exterior
| Exterior | Aluminum |
|---|---|
| Lot Description | 0-2.9999 |
| Roof | Metal |
| Construction | No |
Additional Information
| Days on Market | 179 |
|---|---|
| Zoning | HS Highway Service District |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Matt Tarter |
|---|---|
| Office | Tarter Realty Auction and Appraisal Company |