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1616 N Meridian St
Portland, IN 47371
Sports & Entertainment Property For Sale
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13,524 SF
INVESTMENT HIGHLIGHTS
- Established Bowling Alley
- Close Proximity to Successful Businesses
- High Visibility
EXECUTIVE SUMMARY
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 1.88 AC |
| Sale Condition | Business Value Included | Building Size | 13,524 SF |
| Property Type | Sports & Entertainment | No. Stories | 1 |
| Building Class | C | Year Built | 1963 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Sports & Entertainment |
| Building Class | C |
| Lot Size | 1.88 AC |
| Building Size | 13,524 SF |
| No. Stories | 1 |
| Year Built | 1963 |
ABOUT 1616 N MERIDIAN ST , PORTLAND, IN 47371
Situated just east of downtown Indianapolis, 55 S State Avenue offers a strategic and versatile location within the city’s urban core. This 127,798-square-foot flex building combines both office and industrial space, making it ideal for businesses seeking a hybrid environment. The property is easily accessible via Interstate 70 and Interstate 65, providing seamless connectivity to the greater Indianapolis area and beyond. The site benefits from proximity to key amenities, including restaurants, retail, and service providers, while also being near the Mass Ave Arts District and Bottleworks District, two of the city’s most vibrant cultural and commercial hubs. With ample parking, flexible floor plans, and a location within an established commercial corridor, 55 S State Ave is well-positioned to support a wide range of business operations.
PROPERTY TAXES
| Parcel Number | 38-07-17-100-016.000-034 | Improvements Assessment | $195,100 |
| Land Assessment | $110,700 | Total Assessment | $305,800 |
PROPERTY TAXES
