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Rehabilitated Mixed-Use Property
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109-111 W Hazel Street, Albion, IN 46701

Office and residential components combine with updated building systems and ADA-compliant facilities.

Property SizeContact for details
Days on Market130

Property Features for 109-111 W Hazel Street

General Information

Standard status Active
Property subtype Office, Land

Additional Details

Utilities to Site Yes

Amenities

8 offices
1 conference room
IT work room
2 ADA compliant bathrooms
entry foyer
full bathroom on second floor

Building Details

Year Renovated 2020
Listing Agency: CENTURY 21 Bradley Realty, Inc
Listed By: Dennis Worman · License #IN
Source: Crexi
Added: Apr 24 Changed: Aug 30 Last Checked: Aug 30 at 7:24PM

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 CENTURY 21 Bradley Realty, Inc

Investment Insights

Based on property information with market context.

This mixed-use property combines a professional office layout with an upper-floor apartment. The office component includes eight offices, a conference room, an IT work room, an entry foyer, and two ADA-compliant bathrooms. A separate full bathroom serves the second-floor residential space, which was fully rebuilt and measures 2,016 square feet.

Building improvements completed in 2020 include new water and gas services, three separate heating systems, replacement windows and doors, and sensor-controlled light switches. The configuration supports both office operations and residential occupancy within the same property.

Key Highlights

  • Full gut rehabilitation completed in 2020
  • Eight offices, conference room, IT work room, and entry foyer
  • 2,016‑square‑foot upper‑floor apartment

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop HVAC Service Auto Parts Store Dental Office 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.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

186
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Office and residential components combine with updated building systems and ADA-compliant facilities.
Where is this mixed-use property located?
The property is located at 109-111 W Hazel Street Albion, IN.
What are key features of this property?
This property features: Full gut rehabilitation completed in 2020; Eight offices, conference room, IT work room, and entry foyer; 2,016‑square‑foot upper‑floor apartment
(260) 403-8451 Call to check price and availability
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