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Commercial Land for Sale in Portland, Indiana
1616 N Meridian St, Portland, IN 47371
$299,900
1.87 acres
Active
$50k drop
Est $2,247/moFantastic opportunity to own a spacious commercial property and bowling business in a high-traffic area of Portland, IN. This bowling alley offers endless potential with 12 lanes, two deep fryers, and two pizza ovens in the kitchen, multiple office areas, and two bathrooms. Close to thriving businesses and local amenities, the property has great visibility and ample parking. The location and size make it a solid investment as an entertainment venue.
—
Sq feet
2
Full baths
1963
Built
Location
- Street address
- 1616 N Meridian St
- County
- Jay County
- Elevation
- 925 feet
Directions
Non HWY 27 to Portland. Property is on the left.
Property details
- Acreage
- 1.87 acres
- MLS #
- MEIN 202525847
- Posted
Property taxes
- Recent
- $9,329
Parcels
- 38-07-17-100-016.000-034
Legal description
PT E 1/2 NE 1/4 S17 T23 R14 1.87A
Details and features
Listing
- Type
- Commercial Sale
Exterior
- Parking
- Paved or Surfaced
- Features
- Ansel System, Public Restrooms
Structure
- Stories
- 1
- Heating
- Forced Air, Oil
- Cooling
- Central Air
- Materials
- Block
- Roof
- Rubber
Interior
- Rooms
- Bathroom x 2, Kitchen, Office
- Flooring
- Carpet, Vinyl, Wood
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 25, 2025 | Price drop | $299,900 | $50,000 -14.3% | MEIN |
| Oct 17, 2025 | Price drop | $349,900 | $25,000 -6.7% | MEIN |
| Sept 12, 2025 | Price drop | $374,900 | $25,000 -6.3% | MEIN |
| Sept 5, 2025 | Price drop | $399,900 | $25,000 -5.9% | MEIN |
| Aug 22, 2025 | Price drop | $424,900 | $25,000 -5.6% | MEIN |
| July 3, 2025 | New listing | $449,900 | — | MEIN |
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