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Prime Albion Indiana Commercial Property 118 E Main St 1,056 SF 100% Leased Flex Building Albion, IN 46701 $119,000 ($112.69/SF)

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INVESTMENT HIGHLIGHTS

  • Heavy Traffic
  • Turn key
  • Scalable

EXECUTIVE SUMMARY

This charming brick-front building is located just a block from the Courthouse Square. A turn key property featuring shiplap accents, bright marketing appeal, 3 phase power, new freezers, updated equipment, and a modern, inviting look that draws customers in. Fresh flooring, painted walls, and beautifully sanded original hardwood floors, making it ready to be used for a new business venture or leased for additional income. Recent interior updates, a shared bathroom, mini-split heating and cooling, a security system, and thoughtful rebranding make this property stand out. Street parking is available in front, with extra parking via a gravel driveway (leased from Frontier at just $800/year). Whether you’re looking to be your own boss or invest in a stylish, updated commercial property, this location is full of potential.

PROPERTY FACTS

Price $119,000
Price Per SF $112.69
Sale Type Investment
Property Type
Flex
  • General Retail Convenience Store
  • General Retail Restaurant
  • General Retail Storefront
Building Class B
Rentable Building Area 1,056 SF
No. Stories 1
Year Built/Renovated 1880/1990
Zoning C - Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
571319400339000002
Land Assessment
$4,200
Improvements Assessment
$22,100
Total Assessment
$26,300
  • Listing ID: 37769864

  • Date on Market: 9/22/2025

  • Last Updated:

  • Address: 118 E Main St, Albion, IN 46701

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