Storefront Property with Attached
For Sale
$499,000
2110 N Concord Road, Albion, MI 49224
Commercial Sale, Albion, MI
Property Size3,765 SF
Lot Size3.05 Acres
Price / SF$132.54
Days on Market214
Property Features for 2110 N Concord Road
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 2
Interior features
Broadband
Elementary school district
Western
Middle school district
Western
High school district
Western
Standard status
Active
APN
000-06-27-376-002-01
Size
3,765 SF
Lot size
3.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lengthy. Attached
Tax Annual Amount
14606
Legal Description
Lengthy. Attached
Utilities
Utilities
Propane
Sewer type
Septic Tank
Heating system
Forced Air
Cooling system
Central Air
Water source
Well
Amenities
walk-in cooler
fenced pergola area
Building Details
Year built
1965
Floors in Building
1
Number of units
1
Building materials
Block, Concrete
Listing Agency:
Century 21 White House Realty · Century 21 Real Estate
(231) 972-7676
Listed By:
Chip Issette · License #6502139147
(231) 629-2683
Added: Mar 6
Changed: Sep 16
Last Checked: Oct 6 at 7:06AM
MLS# 26008473
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,765-square-foot storefront property sits on 3.05 acres and includes a large open retail area, four bathrooms, a small kitchen, and an attached 30' x 58' garage and storage area. The building was constructed in 1965 with block and concrete materials, a steel roof, forced-air heat, central air conditioning, a 20' x 10' walk-in cooler, and a rear fenced pergola area. Broadband, propane, well water, and septic service are identified for the property.
Located just off Exit 127 along I-94 in Jackson County, the site includes a large digital sign visible from the highway. The property is in Albion, Michigan, and an environmental study completed in September 2025 indicated suitability for future use and development. Current LP tanks are above ground and scheduled for removal before closing.
Located just off Exit 127 along I-94 in Jackson County, the site includes a large digital sign visible from the highway. The property is in Albion, Michigan, and an environmental study completed in September 2025 indicated suitability for future use and development. Current LP tanks are above ground and scheduled for removal before closing.
Key Highlights
- 3.05‑acre site with a 3,765‑square‑foot storefront building
- Attached 30' x 58' garage and storage area
- Large open retail area with four bathrooms and a small kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,084
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$781,680
$781.7K
Cap Rate 7%
$558,343
$558.3K
Cap Rate 9%
$434,267
$434.3K
Market Conditions
NOI Build-Up for 3,765 SF
Gross rent
$58.3K $15.48/SF
− Vacancy
−$2.4K −$0.65/SF
EGI
$55.8K $14.83/SF
− OpEx
−$16.8K −$4.45/SF
NOI
$39.1K $10.38/SF
Area
Calhoun County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$781,680
Cap Rate 7%
$558,343
Cap Rate 9%
$434,267
Alternative Uses
Best Use
Retail
$558.3K
$488.6K – $651.4K
NOI $39,084 @ 7.0% cap · market cap 7.83%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$44.66M
$39.08M – $52.11M
NOI $3,126,324 @ 7.0% cap · market cap 626.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49224, MI
13,199
Population
5,277
Households
2.5
Avg Household Size
36
Median Age
19%
College-Educated
88%
High-School Grad
99.9 sq mi
ZIP Area
132
Density / Sq Mi
$52,552
Median Household Income
$28,136
Median Earnings
$846
Median Rent
$119,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Open retail layout with multiple bathrooms, kitchen space, climate control, and highway-facing signage.
Where is this storefront property located?
The property is located at 2110 N Concord Road Albion, MI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3.05‑acre site with a 3,765‑square‑foot storefront building; Attached 30' x 58' garage and storage area; Large open retail area with four bathrooms and a small kitchen
