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Three-Story Mixed-Use Building
For Sale
$289,000

100 E Main St, Albion, IN 46701

Historic district property combines a leased coffee shop, renovation-ready second floor, and updated apartment with views.

Property Size4,582 SF
Price / SF$63.07
Days on Market29

Property Features for 100 E Main St

General Information

Standard status Active
Size 4,582 SF

Additional Details

Multifamily Units 1

Building Details

Year Built 1896
Buildings 1
Stories 3
Listing Agency: Blake Realty
Listed By: Pattie Gatman
Source: Kmsrealestategroup
Added: Aug 1 Changed: Aug 29 Last Checked: Aug 25 at 4:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blake Realty

Investment Insights

Based on property information with market context.

Located at 100 E Main St in Albion’s historic district, this three-story mixed-use building contains 4,582 square feet and dates to 1896. The first floor is leased to a coffee shop and has received recent improvements, including new A/C and furnace equipment. The second floor is vacant, with new windows and flexibility for renovation or storage. A finished apartment occupies the third floor and includes a new roof and access, sealed exterior brickwork along the east wall, a pocket door, carpet, landing closet, stove, and hot water heater. The apartment also offers views.

Additional property improvements include a basement sump pump with channels, a commercial-grade double grinder, and various painting, electrical, and plumbing updates. The building is positioned in downtown Albion at the address provided.

Key Highlights

  • 4,582‑square‑foot, three‑story mixed‑use building constructed in 1896
  • First‑floor coffee shop secured by a long‑term lease
  • Vacant second floor with new windows and renovation or storage potential

Property Analytics

Current Use

Coffee shops

Suggested Use

Top Pick Auto Repair Shop HVAC Service Auto Parts Store Real Estate Agency Nail Salon Big Box & Wholesale Store

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

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

198
Businesses Nearby

Demographics for 46701, IN

7,687
Population
3,386
Households
2.3
Avg Household Size
43
Median Age
27%
College-Educated
93%
High-School Grad
96.8 sq mi
ZIP Area
79
Density / Sq Mi
$76,813
Median Household Income
$45,847
Median Earnings
$835
Median Rent
$194,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic district property combines a leased coffee shop, renovation-ready second floor, and updated apartment with views.
Where is this mixed-use property located?
The property is located at 100 E Main St Albion, IN.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 4,582‑square‑foot, three‑story mixed‑use building constructed in 1896; First‑floor coffee shop secured by a long‑term lease; Vacant second floor with new windows and renovation or storage potential
More about this property
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