Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    120 Clark St Albion, MI 49224

    For Sale
    $250,000

    Prime Albion retail space, drive-thru, basement storage.

    Property size:
    3,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail property at 120 S Clark Street in Albion, Michigan presents a unique investment opportunity. The building, a former pharmacy, boasts a highly desirable location near Albion College, ensuring consistent foot traffic and visibility. The 3,200 square foot free-standing structure features a convenient drive-thru, adding significant operational efficiency and customer convenience. Beyond the main floor, substantial additional storage space is available in the basement, approximately 3,000 square feet, providing ample room for inventory, supplies, or other operational needs. The property sits on a 0.39-acre lot, offering ample parking and potential for future expansion or outdoor amenities. The asking price for this turnkey retail space is $250,000. The property's APN is 01-101-087-00, located in Calhoun County, Michigan, zip code 49224. This is an ideal opportunity for a variety of retail businesses seeking a well-established location with significant existing infrastructure. The property's proximity to Albion College makes it particularly attractive to businesses catering to students and the local community. The combination of prime location, ample space, and convenient drive-thru makes this a truly compelling investment.

    Property Features for 120 Clark St

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,200 SF
    Lot Size
    16,988 SF

    HighLights

    • Prime Albion, MI retail location near Albion College.
    • 3,200 SF free‑standing building with drive‑thru.
    • 3,000 SF basement for storage.
    • 0.39‑acre lot with ample parking.
    • $250,000 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Albion
    County
    Calhoun
    State
    Michigan
    Longitude
    -84.7360853
    Latitude
    42.2459398

    Nearby Similar for Sale

    • $850,000
      2,825 SF

      Albion Commercial Property For Sale

      Commercial property in a high-traffic location suitable for various businesses.
      1410 N Eaton St, Albion, MI 49224
      View Details
    • $850,000
      2,825 SF

      Albion Office Building For Sale

      Office building with 2825 square feet of space on 0.39 acres.
      1410 N Eaton St, Albion, MI 49224
      View Details
    • $159,900
      0.21 Acres

      Albion Duplex Near College

      Albion duplex near college, great investment opportunity, instant income!
      410 Bidwell St, Albion, MI 49224
      View Details
    • $1,500,000
      29,892 SF

      Albion Warehouse/Manufacturing Opportunity

      29,892 SF warehouse/manufacturing building on 2.59 acres, renovated in 2024.
      1100 Industrial Blvd, Albion, MI 49224
      View Details
    • $419,000
      6,000 SF

      Retail Space Near I-94

      6,000 SF retail space with high visibility and ample parking.
      1402 N Eaton St, Albion, MI 49224
      View Details
    • $69,900
      2,349 SF

      Albion Commercial Space - Prime Location

      Versatile Downtown Albion Building - Motivated Seller
      118 Vine St, Albion, MI 49224
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Prime Albion retail space, drive-thru, basement storage.
    Where is this individual retail property located?
    The property is located at 120 Clark St Albion, MI.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Prime Albion, MI retail location near Albion College.; 3,200 SF free-standing building with drive-thru.; 3,000 SF basement for storage.
    (616) 327-2629
    Request Owner's contact information
    120 Clark St Albion, MI 49224
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    120 Clark St
    Albion, MI 49224
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Clark St Albion, MI 49224
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.