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Property profile & analytics
OFF-MARKET
Manufacturing properties

118 Vine St Albion, MI 49224-1754

2,349 SF 0.14 ac lot Built 1966
Entity Owned 1-yr Hold Free & Clear
Property ID
US43-2123700
Property summary
AI-generated overview

This exceptional commercial property, located at 118 W Vine Street Unit 118 in Albion, Michigan, presents a unique opportunity for entrepreneurs and businesses seeking a prime location. Boasting 2,349 square feet of space on a 0.14-acre lot, this building offers a blank canvas for customization and development. Its strategic downtown Albion location provides excellent visibility and accessibility, placing it within convenient walking distance to various amenities. The property's versatility allows for a wide range of potential uses, making it an ideal choice for businesses seeking a flexible and adaptable workspace. The building's central location also benefits from easy access to I-94, ensuring convenient transportation for both employees and clients. This presents a significant advantage for businesses requiring efficient logistical connections. The seller is highly motivated, making this an attractive investment opportunity with considerable potential for return. The property's size and location combine to create a compelling proposition for businesses looking to establish a strong presence in the vibrant Albion community. Don't miss this chance to secure a prime commercial space in a thriving downtown area. The asking price is $69,900. Serious inquiries are encouraged.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1966
Total area 2,349 SF
Lot 0.14 ac (5,881 SF)
Zoning code MU
APN 51-000-352-00
UPID US43-2123700
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Art Craft Press Marketing & Advertising Printing Service
  • Rust Belt Ramen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ready2rent Spaces LLC · 1 yrs held
Ready2rent Spaces LLC
since 2025
Last sale
$40,000
5 recorded transactions
2025
$55,000
2023
$40,000
2017
Price N/A
2008
Price N/A
2005
$65,000
Zoning & alternative use
MU · Albion, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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