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131 Water St Albion, PA 16401

Sponsored
For Sale
$195,000

High-potential Albion property, 3,456 sq ft.

Property size:
3,456 SF

Description

Added:
Feb 3, 2025
Days on Market:
337
This versatile commercial property, situated on a prominent 0.69-acre lot at 131 E State & 14 Water Street in Albion, Pennsylvania, presents a unique investment opportunity. The 3,456 square foot building, previously used as a dental office, offers significant potential for redevelopment and repurposing. Its location on Albion's main thoroughfare ensures high visibility and accessibility. The property's zoning allows for a variety of uses, including conversion into a multi-family dwelling, expansion of the existing structure, or the development of retail space. The substantial lot size also allows for the possibility of subdividing the land for additional development potential. This property is ideal for an investor seeking a flexible asset with significant upside potential. The existing building provides a solid foundation for immediate use or renovation, while the ample land offers room for expansion or future development. The property's central location in Albion offers easy access to local amenities and transportation routes. This is a rare opportunity to acquire a well-located commercial property with diverse development possibilities in a thriving community. The asking price of $195,000 reflects the significant potential value inherent in this property.

Property Features for 131 Water St

General Information

Property type
Other commercial real estate
Square Feet
3,456 SF
Lot Size
30,056 SF

Building Details

Year Built
1995

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Hotel & Motel

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

Location Insight

  • Map
  • Local Demand
City
Albion
County
Erie
State
Pennsylvania
Longitude
-80.36213
Latitude
41.89033

FAQs

What type of property is this?
Commercial real estate - High-potential Albion property, 3,456 sq ft.
Where is this commercial real estate located?
The property is located at 131 Water St Albion, PA.
What is the asking price?
The asking price for this property is $195,000.
More about this property
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