Albion, IN
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    Albion, IN Mixed-use Properties for Sale

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    Kendallville, IN Wawaka, IN Rome City, IN
    Remodeled Mixed-Use Building with Apartment
    $549,500
    0.40 Acres
    Remodeled Mixed-Use Building with Apartment

    111 W Hazel Street, Albion, IN 46701

    Completely remodeled mixed-use building with office space and residential apartment.
    • Completely remodeled mixed‑use building featuring a large 5128 sq ft main floor office area divisible into two spaces.
    • Spacious 2376 sq ft 3‑bedroom, 2‑bath apartment on the upper floor with updated modern finishes.
    • Main floor office includes 10 private offices, a conference room, open modular space, breakroom, and 3 ADA restrooms.
    • Apartment features a modern kitchen with a large island and maple counters, plus a private deck and fenced greenspace.
    • Asphalt parking lot with 28‑space capacity.
    Updated: Sep 15, 2025
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    Albion, IN Versatile Property
    $249,900
    5,064 SF
    Albion, IN Versatile Property

    1008 E South St, Albion, IN 46701

    Versatile property with redevelopment potential in Albion, Indiana.
    • Six city lots included, providing ample space.
    • R3 zoning with potential for rezoning.
    • Versatile property suitable for development or business ventures.
    • Formerly a church, adaptable to daycare, community center, or other creative uses.
    • Prime development opportunity for investors.
    Updated: Aug 30, 2024
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Albion, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Versatile Mixed-Use Buildings Near Warsaw
    $385,000
    2,520 SF
    Versatile Mixed-Use Buildings Near Warsaw

    Two multi-purpose buildings on 0.61 acres near Warsaw, Indiana.

    1057 E 350 N, Warsaw, IN 46582

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    Leesburg Mixed-Use Redevelopment Opportunity
    $699,900
    4,780 SF
    Leesburg Mixed-Use Redevelopment Opportunity

    3.8-acre mixed-use property with commercial and residential zoning.

    100 S Old State Road 15, Leesburg, IN 46538

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    Versatile Mixed-Use Property Near Center Lake
    $765,000
    0.32 Acres
    Versatile Mixed-Use Property Near Center Lake

    Spacious property with residential/commercial flexibility near downtown Warsaw.

    347 N Buffalo Street, Warsaw, IN 46580

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    Leesburg Mixed-Use Redevelopment Opportunity
    $699,900
    164,221 SF
    Leesburg Mixed-Use Redevelopment Opportunity

    3.8-acre mixed-use property with commercial and residential zoning.

    100 Old State Road 15, Leesburg, IN 46538

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Warsaw Residential Land Opportunity
    $3,000,000
    48.52 Acres
    Warsaw Residential Land Opportunity

    48+ acres ideal for development within city limits.

    1825 & 1875 W Winona Avenue, Warsaw, IN 46580

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    Warsaw Land: Development Opportunity
    $3,000,000
    3,097 SF
    Warsaw Land: Development Opportunity

    48+ acres in Warsaw, IN, ideal for development.

    1825 & 1875 W Winona Avenue, Warsaw, IN 46580

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    Armstrong Park Build-Ready Land
    $175,000
    0.80 Acres
    Armstrong Park Build-Ready Land

    0.80-acre lot in Armstrong Park with development potential.

    0 W Connexion Way, Columbia City, IN 46725

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    Elkhart Commercial Development Land Available
    $595,400
    4.58 Acres
    Elkhart Commercial Development Land Available

    Shovel-ready land for residential, mixed-use, or hotel development.

    Lot 12 Parkway Avenue, Elkhart, IN 46516

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    Off-Market Properties in Albion, IN

    Consider similar Off-Market properties in Albion, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1008 South St
    Churches & religious facilities
    5,064 SF
    Value Estimation by Request

    1008 South St, Albion, IN 46701

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    Albion, IN Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 3 mixed-use properties for sale in Albion, IN on our real estate platform. These investment opportunities span a total of 5,064 square feet of properties for sale, with an estimated market value of $249,900.

    Sale prices for multi use buildings in Albion, IN start at $249,900, averaging $249,900, and reaching up to $249,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 8,186
    Population Growth (5Y) +2.2%
    Median Household Income $76,813
    College Educated 36.2%

    High-Yield Neighborhoods for Investment

    Identify Albion submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    46701 $399.7K

    Taxes & Financing

    Tax Rate (average for all types) 1.61%
    Property Tax per SF $28.54 per sq ft
    Tax Rate vs County Average 0.22 pp below county avg
    Average Loan-to-Value 65.0%

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