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    111 W Hazel St Albion, IN 46701

    For Sale
    $572,000

    Other/Unknown, Vacant - Albion, IN

    Lot size:
    0.40 Acres
    Days on Market:
    80
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 111 W Hazel St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    (Commercial District; Courthouse Square)
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Kitchen, Office
    Bathrooms
    5
    APN
    57-13-24-100-030.000-002
    Parking
    30
    Parking features
    Off Street, Paved or Surfaced
    Interior features
    Block, Drywall, 110 Volts, 220 Volts, Single Phase, Living Space, Alley, Office Space, Reception Area
    Exterior features
    Fence, 110 Volts, 220 Volts, Single Phase, Fenced, Living Space, Alley, Office Space, Reception Area
    Fencing
    Fenced
    Lot size
    0.40 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Multi Units

    Building Details

    Year built
    1920
    Floors in Building
    2
    Flooring type
    Carpet, Laminate
    Building materials
    Block, Brick
    Roof type
    Asphalt, Rubber
    Architectural style
    Other

    Weichert Realtors - Hoosier Heartland (260) 318-0929

    Listing agent Anita Hess (260) 318-0929

    Listing date Sep 17, 2025

    MLS# 202537508 Listing URL

    Copyright © 2025 Northeastern Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Mixed-Use Building with Apartment

    This remodeled mixed-use building offers a versatile opportunity with a finished office area on the main floor, which could be divided into two separate spaces. The main floor spans over 5128 square feet and includes 10 private offices, a conference room, a large open modular office space, a work/storage room, a breakroom, a reception area, and three ADA restrooms. The property features asphalt parking with a capacity of 28 spaces. The upper floor contains a 2376 square foot apartment with three bedrooms and two bathrooms. The kitchen features a large island with maple counters. The apartment has been updated with a modern design and includes a deck off the back with a fenced-in greenspace. Two-car parking is located off the deck. Situated one block from the county courthouse, the property is within walking distance of restaurants and shopping. The lot size is 0.4 acres. The property is zoned for commercial use in the Courthouse Square district and is located in Albion, Noble County, Indiana.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albion
    County
    Noble
    State
    Indiana
    Longitude
    -85.42489
    Latitude
    41.394806

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    FAQs

    What type of property is this?
    Mixed-use property - Completely remodeled mixed-use building with office space and residential apartment.
    Where is this mixed-use property located?
    The property is located at 111 W Hazel St Albion, IN.
    What is the asking price?
    The asking price for this property is $572,000.
    What are key features of this property?
    This property features: - Completely remodeled mixed-use building featuring a large 5128 sq ft main floor office area divisible into two spaces.; - Spacious 2376 sq ft 3-bedroom, 2-bath apartment on the upper floor with updated modern finishes.; - Main floor office includes 10 private offices, a conference room, open modular space, breakroom, and 3 ADA restrooms.
    (260) 318-0929
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    111 W Hazel St Albion, IN 46701
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    Albion, IN 46701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 W Hazel St Albion, IN 46701
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