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Investment Highlights
- Well situated
- High foot traffic
- Large open space allows for easy reuse
Executive Summary
Located on E State Street in downtown Albion, this freestanding former Family Dollar offers a realistic entry point into Erie County's western market. An existing NNN lease with Family Dollar is in place and in good standing, providing immediate income for a new owner while keeping future options open. Ownership is open to offers and lease proposals. The property's visibility, accessibility, and flexible zoning make it a candidate for a range of uses such as continued retail, service commercial, medical, or office among them. A solid opportunity for the regional investor or owner-user who knows the value of a well-positioned small-market asset.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,050 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.82 AC
Zoning
AD1
Parking
22 Spaces (2.73 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Monument Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
-
Jan 0000
Family Dollar began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Retailer | - | - | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 01-004-021.0-004.00 | Improvements Assessment | $368,100 |
| Land Assessment | $89,400 | Total Assessment | $457,500 |
Property Taxes
Parcel Number
01-004-021.0-004.00
Land Assessment
$89,400
Improvements Assessment
$368,100
Total Assessment
$457,500
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Videos
Matterport 3D Exterior
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Photos
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Street
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100 E State St
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