200 Clinton St, Albion, MI 49224-1639
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.
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Double Vision Center Community Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
CBD · Albion, MIAlbion. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.