Redevelopment Opportunity

1450 N Meridian, Portland, Indiana 47371

  • Property Subtypes Retail-Pad , Street Retail , Vehicle Related , Convenience Store , Free-Standing Building , Restaurant , Other
  • Gross Building Area 1,260 SF
  • Building Status Existing
  • Sale Price $150,000.00 Total
  • Property Use Type Vacant/Owner-User
  • Class of Space N/A
  • Total Land Size 0.41 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 2/27/2020
  • Days on Market 242 Days
  • Status active

Overview / Comments

• Ideal redevelopment opportunity! • Easy access with two curb-cuts on highly traveled road • Corner location in the heart of Portland, Indiana's retail corridor • Over 9,700 vehicles travel through the Meridian & Lincoln intersection! • Excellent corner property with prime visibility. Property is located within a 1/4 mile from major regional employers including: Coca-Cola Bottling Company Sonoco JRDS Industries Portland Municipal Airport Priority Plastics Pioneer Packaging MSSL Wiring Systems FCC (Indiana) Inc ATI Portland Forge

Additional Details

  • Tax ID/APN 38-07-17-401.010.003-034 & 38-07-17-401-010.004-034
  • Zoning Commercial
  • Property Visibility Excellent
  • Total Number of Buildings 1
  • Year Built 1954

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