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Historic Mixed-Use Building
New
For Sale
$166,500

108 E Main Street, Albion, IN 46701

COMMERCIAL, Albion, IN

Property Size5,900 SF
Lot Size0.07 Acres
Price / SF$28.22
Days on Market3

Property Features for 108 E Main Street

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Lot features City
Directions West of ST RD 3 to Albion OR East of ST RD 9
Subdivision Noble County
Standard status Active
APN 57-13-19-400-343.000-002
Lot size 0.07 Acres

Additional Details

Property Use Office

Taxes and HOA fees

Tax Year 51
Tax Description HARVEYS ADD 32 1/2' W SIDE E 49' LOT 9 16 1/2' E SIDE HARVEY'S ADD LOT 9
Tax Annual Amount 2506
Legal Description HARVEYS ADD 32 1/2' W SIDE E 49' LOT 9 16 1/2' E SIDE HARVEY'S ADD LOT 9

Utilities

Cooling system Central Air

Building Details

Year built 1875
Flooring type Laminate, Carpet, Mixed
Roof type Rubber
Buildings 1
Listing Agency: Acorn Real Estate Professional
Listed By: Renee Cox
Added: Oct 26 Changed: Oct 27 Last Checked: Oct 28 at 9:06AM
MLS# 202644158

Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property at 108 E Main Street dates to 1875 and contains more than 5,900 square feet. The brick exterior is complemented by storefront glazing, hardwood flooring, decorative ceilings, and tall ceilings. The main floor has an open area alongside separate rooms that can serve office, meeting, or retail functions. An unfinished upper level provides additional space for renovation or redevelopment.

The building is on Main Street in Albion, about half a block from the town’s central intersection. Interior details include exposed brick and visible structural elements; the flooring also includes carpet and laminate. Central air is present, and the roof is rubber.

Key Highlights

  • More than 5,900 square feet in a mixed‑use building
  • Built in 1875 with a brick exterior
  • Open main‑floor area plus separate rooms for offices, meetings, or retail

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

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

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

196
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - An unfinished upper floor adds redevelopment flexibility to this Main Street property.
Where is this mixed-use property located?
The property is located at 108 E Main Street Albion, IN.
What is the asking price?
The asking price for this property is $166,500.
What are key features of this property?
This property features: More than 5,900 square feet in a mixed‑use building; Built in 1875 with a brick exterior; Open main‑floor area plus separate rooms for offices, meetings, or retail
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