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Vacant Lot Near Albion College
For Sale
$35,500

502 E Michigan Avenue, Albion, MI 49224

LAND - Albion, MI

Property SizeContact for details
Lot Size0.21 Acres
Days on Market136

Property Features for 502 E Michigan Avenue

General Information

Property type Land
Property subtype Other
Zoning description Zoning
Parking features On Street
Lot features City Lot, Sloped Up, Corner Lot
Elementary school district Marshall
Middle school district Marshall
High school district Marshall
Directions Take M-99 S/Eaton Rapids Rd, LEFT onto M-50/M-99 S/Eaton Rapids Rd, LEFT onto M-99 S/Eaton Rapids Rd/Maple St.
Standard status Active
APN 13-51-000-481-00
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ALBION CITY, ORIGINAL PLAT BLK 29 LOTS 1 & 2. MCL 211.27 $3,260 2001
Tax Annual Amount 190
Legal Description ALBION CITY, ORIGINAL PLAT BLK 29 LOTS 1 & 2. MCL 211.27 $3,260 2001

Utilities

Utilities Water Available
Sewer type Public Sewer
Water source Public
Listing Agency: Keller Williams Realty Lansing
Listed By: Patricia L Fish · License #6501439517
Added: Mar 30 Changed: May 12 Last Checked: Aug 12 at 11:06AM
MLS# 294748

Copyright © 2026 Greater Lansing 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.

Investment Insights

Based on property information with market context.

This vacant lot presents a unique opportunity, offering a clean slate with corner exposure. Situated within walking distance of Albion College and the revitalized downtown district, the property provides convenient access to local amenities such as the Bohm Theatre, Malleable Brewing, and the Whitehouse Nature Center. The lot size is approximately 0.21 acres. Located in Albion, Michigan, this property is positioned in Calhoun County.

Key Highlights

  • Prime vacant lot near Albion College
  • Walking distance to downtown district, Bohm Theatre, Malleable Brewing, and Whitehouse Nature Center
  • Corner lot with high exposure

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Big Box & Wholesale Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

57
Businesses Nearby

Demographics for 49224, MI

13,199
Population
5,277
Households
2.5
Avg Household Size
36
Median Age
19%
College-Educated
88%
High-School Grad
99.9 sq mi
ZIP Area
132
Density / Sq Mi
$52,552
Median Household Income
$28,136
Median Earnings
$846
Median Rent
$119,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Prime vacant lot near Albion College and downtown district.
Where is this commercial land located?
The property is located at 502 E Michigan Avenue Albion, MI.
What is the asking price?
The asking price for this property is $35,500.
What are key features of this property?
This property features: Prime vacant lot near Albion College; Walking distance to downtown district, Bohm Theatre, Malleable Brewing, and Whitehouse Nature Center; Corner lot with high exposure
More about this property
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