Property profile

200 Clinton St Albion, MI 49224

OFF-MARKET
Skating rinks
Property ID
US43-2091701
14,754 SF 0.69 ac lot Built 1910
Entity Owned 18-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This expansive 14,754 square foot industrial property located at 200 N Clinton, Albion, MI, presents a unique investment opportunity. Previously a skating rink, this building boasts a rich history and significant potential for redevelopment. The property sits on a 0.14-acre lot and includes a full kitchen, a large skating floor (requiring repairs), multiple bathrooms, and a substantial parking area. Numerous additional rooms and amenities are also present. The building is being sold "as is," with no repairs provided by the seller. This presents a chance for a buyer to envision and execute their own renovation plan, transforming this historic space into a thriving business. The property benefits from the ongoing downtown revitalization efforts and the "Big Albion Plan," suggesting a positive trajectory for the area and increased potential for return on investment. The substantial square footage offers versatility for a wide range of uses, making it an attractive prospect for entrepreneurs and investors alike. The asking price is $215,000.

Property profile

Verified
Property type Skating rinks
Use group SKATING RINK, ICE SKATING, ROLLER SKATING
Year built 1910
Total area 14,754 SF
Lot 0.69 ac (30,100 SF)
Zoning code CBD
APN 51-000-580-04
UPID US43-2091701

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Community Center

Location

200 Clinton St Albion, MI 49224-1639
Albion metro Census 3400 BATTLE CREEK, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$65k

Owner & transaction history

since 2007
1 recorded transaction
2007
$65,000

Zoning & alternative use

CBD · Albion, MI
Zoning description

The Central Business District is intended to provide for a variety of retail and office services which serve the needs of a consumer trade area that extends beyond the corporate boundaries of the City. This district is c…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 200 Clinton St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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