1511 N Meridian Street
Portland, Indiana 47371

New / MLS #202608608 / Business / Portland
Listing information updated 3/17/2026 at 6:03am
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.

Listing Agent: Matt Tarter

Listing Office: Tarter Realty Auction and Appraisal Company

Listing Office Phone: 765.595.8155

Disclaimer: IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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1511 N Meridian Street, Portland, IN 47371 is a business currently listed at $499,000. This business has been listed on @properties IND since March 16th, 2026 and was built in 1975.