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

    27644 C-Drive Albion, MI 49224

    For Sale
    $2,350,000

    62-Room Hotel, 72,118 sq ft, Michigan

    Property size:
    72,118 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 62-key hotel presents a lucrative investment opportunity in Albion, Michigan. Boasting 72,118 square feet on a substantial 6.44-acre lot, this established property offers significant potential for growth. Built in 1967 and situated in a commercially zoned area (Sheridan Township), the two-story building features a range of amenities designed to enhance guest experience. These include a fitness center, a heated indoor pool, complimentary Wi-Fi, ample free parking (150 spaces), and a sizable 1000 square foot meeting space, perfect for conferences or events. Further enhancing the property's appeal is a fully equipped kitchen and a welcoming lobby/reception area. Each of the 62 guest rooms is equipped with a private bathroom, television, refrigerator, microwave, and efficient through-the-wall heating and cooling units. The hotel benefits from excellent visibility due to its strategic location and prominent signage along I-94. The surrounding area offers a strong draw, with Albion College, Spring Arbor University, and the historic downtown Marshall providing a steady stream of potential guests. The asking price for this turnkey operation is $2,350,000. This represents a compelling opportunity to acquire a well-established hotel with significant upside potential in a thriving market.

    Property Features for 27644 C-Drive

    General Information

    Property type
    Hotels
    Square Feet
    72,118 SF
    Lot Size
    280,526 SF

    Building Details

    Year Built
    1967
    Stories
    2

    HighLights

    • $2,350,000 asking price for a 62‑key hotel.
    • 72,118 square foot hospitality property.
    • Located on a 6.44‑acre lot in Albion, MI (Calhoun County).
    • Built in 1967, two‑story building with Commercial (Sheridan Township) zoning.
    • Features include a fitness center, indoor pool, meeting space, and ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Albion
    County
    Calhoun
    State
    Michigan
    Longitude
    -84.7614766
    Latitude
    42.2651948

    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?
    Hotel - 62-Room Hotel, 72,118 sq ft, Michigan
    Where is this hotel located?
    The property is located at 27644 C-Drive Albion, MI.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: $2,350,000 asking price for a 62-key hotel.; 72,118 square foot hospitality property.; Located on a 6.44-acre lot in Albion, MI (Calhoun County).
    Request Owner's contact information
    27644 C-Drive 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.
    27644 C-Drive
    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
    27644 C-Drive 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.