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Central Business District Retail Building
For Sale
$84,900

18 E State St, Albion, PA 16401

Tenant-occupied retail building in the C-B Central Business District with permitted uses listed for multiple options.

Property Size6,000 SF
Price / SF$14.15
Days on Market51

Property Features for 18 E State St

General Information

Standard status Active
Size 6,000 SF
Zoning C-B

Taxes and HOA fees

Annual Taxes $1,330

Building Details

Tenancy Single
Listing Agency: Passport Realty LLC
Listed By: Peter Mitchell
Source: Exprealty
Added: Jul 24 Changed: Sep 6 Last Checked: Sep 11 at 1:21PM

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 Passport Realty LLC

Investment Insights

Based on property information with market context.

This retail building is currently tenant occupied and totals 6,000 square feet. The property is zoned C-B Central Business District, and the permitted uses table is available for review, supporting a variety of potential applications. The existing lease is set to end in August, with no option to renew.

Located on E State Street in Albion, Pennsylvania, the property sits in the heart of the commercial area with nearby businesses including Albion Market, 180 Consignment, Goodfella's Pizza, Reed's Pizza, Morini Insurance Services, Beauty by Brit, H&R Block, and Country Fair. It is also within close proximity to residential areas.

For owner-users or investors, the building’s central zoning and mix of surrounding retail and service tenants provide a practical base for continued or new occupancy following the lease expiration.

Key Highlights

  • 6,000 SF retail building on E State Street in Albion, PA
  • Zoned C‑B Central Business District with permitted uses for a variety of options (see permitted uses table)
  • Tenant‑occupied; current lease ends in August with no option to renew

Property Analytics

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Current Use

Champion Cheer Central Event Planning

Suggested Use

Top Pick Dental Office HVAC Service Building Supply Electrical Service (Bike/Boat/Book/etc) Store Auto Parts 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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

138
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Country Fair Shops & Services
11,388 visits/mo 0.0 miles

Demographics for 16401, PA

4,209
Population
1,767
Households
2.4
Avg Household Size
44
Median Age
17%
College-Educated
92%
High-School Grad
55.6 sq mi
ZIP Area
76
Density / Sq Mi
$67,976
Median Household Income
$41,571
Median Earnings
$636
Median Rent
$152,100
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 Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Tenant-occupied retail building in the C-B Central Business District with permitted uses listed for multiple options.
Where is this storefront property located?
The property is located at 18 E State St Albion, PA.
What is the asking price?
The asking price for this property is $84,900.
What are key features of this property?
This property features: 6,000 SF retail building on E State Street in Albion, PA; Zoned C‑B Central Business District with permitted uses for a variety of options (see permitted uses table); Tenant‑occupied; current lease ends in August with no option to renew
More about this property
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