Albion, MI Commercial Real Estate for Sale

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Updated: Jul 8

Industrial-Flex Property with Office

15620 W Michigan Avenue, Albion, MI 49224

$1,700,000

10,400 sqft 22.85 AC lot

22.85‑acre commercial/industrial property with frontage along I‑94
Front building suited for professional office space
Large industrial structure with high ceilings and overhead doors for trucks and trailers
Forced‑air heating; year built 1980
Utilities: cable available

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This listing looks promising.

Here's a quick look at some key insights for

15620 W Michigan Avenue, Albion, MI 49224

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Est. Cap Rate

8.3%
Above avg (5.9%)
Est. NOI

$141K
Annual
Price @ 7% Cap

$2.01M
Above asking
Last Sold

Jul 2013
$150K
Property Type

Office Building
Built 1985

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Updated: Aug 11

Retail Space with Drive-Through

1313 N Eaton Street, Albion, MI 49224

$775,000

2,914 sqft 0.99 AC lot

2,914‑square‑foot retail building on a 0.99‑acre site
Existing drive‑through infrastructure with ample parking
Located immediately south of the I‑94 interchange
Established retail corridor near Tractor Supply Company, Dollar General, O’Reilly Auto Parts, and Ace Hardware
1998 construction with block materials and forced‑air heating

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Gas Station Property with Garage

2110 N Concord Road, Albion, MI 49224

$549,000

3,765 sqft 3.05 AC lot

Highway-oriented commercial building with retail, service, storage, and convenience-oriented features.

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Flex Office and Industrial Property

Albion, MI 49224

$1,700,000

22.85 AC lot

Versatile commercial/industrial site with a front professional office building and a large industrial structure with overhead truck doors.

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Medical Office Space with Basement

1302 N Eaton Street, Albion, MI 49224

$130,000

960 sqft 0.24 AC lot

Adaptable professional layout with finished lower-level space and central air conditioning.

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Storefront Property with Barber Shop Setup

402 N Superior Street, Albion, MI 49224

$64,900

800 sqft 0.29 AC lot

Compact commercial space with an existing barber shop configuration and equipment included for continued barber shop use.

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Albion Land with Highway Access

Parcel A N Concord Road, Albion, MI 49224

$999,000

73.79 AC lot

73.79 acres of commercial land with highway visibility.

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Versatile Commercial/Residential Opportunity in Albion

1302 N Eaton St, Albion, MI 49224

$130,000

0.24 AC lot

Commercial/residential building in high-traffic area, suitable for various businesses.

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Albion Land Investment Opportunity

VL W Michigan Avenue, Albion, MI 49224

$299,999

26.37 AC lot

26.37 acres near I-94, ideal for development.

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Albion Land Near Blue Oval

1201 W Erie Street, Albion, MI 49224

$945,900

63.50 AC lot

63+ acres of developable land near Blue Oval Plant.

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Retail Building with Drive-Through Access

2110 N Concord Road, Albion, MI 49224

Contact for pricing

3,765 sqft

Standalone retail building with large open sales area, attached oversized garage/storage, walk-in cooler, and forced-air heat plus central air.

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Albion Commercial Land For Sale

Parcel 1 N Concord Road, Albion, MI 49224

$299,000

17.00 AC lot

17-acre commercial land with highway access and visibility.

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Vacant Lot Near Albion College

502 E Michigan Avenue, Albion, MI 49224

$35,500

0.21 AC lot

Prime vacant lot near Albion College and downtown district.

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Storefront Property with Drive-Through

1313 N Eaton St, Albion, MI 49224

$775,000

Existing improvements include drive-through infrastructure and parking for retail or restaurant use.

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Albion, MI Commercial Land

S Michigan Avenue, Albion, MI 49224

$40,000

1.85 AC lot

Commercial vacant land available in Albion, Michigan.

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Albion Farm with Equestrian Potential

27350 H Drive N, Albion, MI 49224

$1,150,000

2,500 sqft 112.00 AC lot

112-acre farm with home, barns, and hunting potential.

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Barber Shop Retail Space

402 N Superior Street, Albion, MI 49224

Contact for pricing

800 sqft

Retail storefront currently set up as a barber shop, with equipment available to stay for the right use.

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Land For Sale, Albion, MI

Orchard Knoll Drive, Albion, MI 49224

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0.26 AC lot

Vacant land parcel available in Albion, Michigan.

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Leased Shopping Plaza with Adjacent Land

1450 N EATON ST, Albion, MI 49224

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76,157 sqft

Shopping plaza with multiple national tenants and available space, plus two adjacent parcels for future development.

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25 Acres Commercial Land Albion

Parcel 3 Donovan Road, Albion, MI 49224

$387,500

25.00 AC lot

25 acres of commercial land with highway access and visibility.

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Industrial Building with Corner Parking

1402 N Eaton, Albion, MI 49224

Contact for pricing

6,500 sqft

Industrial building zoned for transport, processing, or lab use, paired with a corner paved parking lot parcel.

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Albion Commercial Land For Sale

Parcel 2 Donovan Road, Albion, MI 49224

$310,000

20.00 AC lot

20-acre commercial land with highway access and visibility.

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Industrial Warehouse Building

800 N Clark St, Albion, MI 49224

Contact for pricing

77,000 sqft

Industrial warehouse building for sale totaling 77,000 square feet at 800 N Clark St in Albion, Michigan.

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Albion Land Near Duck Lake

V/L 26 1/2 Mile Road, Albion, MI 49224

$122,000

15.66 AC lot

15.66 acre parcel near Duck Lake and Country Club.

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Albion, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Albion, MI, showcased through 45 active listings on our real estate platform. These investment opportunities span a total of 191,354 square feet of properties for sale, with an estimated market value of $10,526,799.

Sale prices for business properties in Albion, MI start at $35,500, averaging $526,339, and reaching up to $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 13K

Population Growth (5Y) -5.6%

Median Household Income $52,552

College Educated 24.0%

High-Yield Neighborhoods for Investment

Identify Albion submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
49224	$255.3K

Taxes & Financing

Tax Rate (average for all types) 3.29%

Property Tax per SF $80.51 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Calhoun County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Calhoun County

Retail

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