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    118 E Main St Albion, IN 46701

    For Sale
    $119,000

    Other/Unknown - Albion, IN

    Lot size:
    0.03 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 118 E Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    57-13-19-400-339.000-002
    Parking features
    Paved or Surfaced
    Interior features
    Drywall, Three Phase
    Exterior features
    Three Phase
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Baseboard, Other (Heating)
    Cooling system
    Other (Cooling)

    Building Details

    Year built
    1880
    Floors in Building
    1
    Flooring type
    Tile, Wood
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Other

    Weichert Realtors - Hoosier Heartland (260) 318-0929

    Listing agent Lucas Deck (260) 318-0929 License #RB22002195

    Listing date Nov 24, 2025

    MLS# 202537781 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

    Charming Updated Commercial Property

    This charming brick-front building is located just a block from the Courthouse Square. It features shiplap accents, bright marketing appeal, 3 phase power, new freezers, updated equipment, and a modern, inviting look. Fresh flooring, painted walls, and sanded original hardwood floors make it ready to be used for a new business venture or leased for additional income. Recent interior updates include a shared bathroom, mini-split heating and cooling, a security system, and thoughtful rebranding. Street parking is available in front, with extra parking via a gravel driveway (leased from Frontier). The lot size is 0.03 acres. The property is located in Albion, Noble County, Indiana.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    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
    -85.423085
    Latitude
    41.395492

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    FAQs

    What type of property is this?
    Storefront property - Turn-key brick building with modern updates and business potential.
    Where is this storefront property located?
    The property is located at 118 E Main St Albion, IN.
    What is the asking price?
    The asking price for this property is $119,000.
    What are key features of this property?
    This property features: - Prime location: Just one block from Courthouse Square.; - Turn-key condition: Features updated equipment, fresh flooring, painted walls, and sanded hardwood floors.; - Modern appeal: Enjoy shiplap accents and thoughtful rebranding.
    (260) 318-0929
    Request Owner's contact information
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    118 E Main St Albion, IN 46701
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