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    OFF-MARKET
    Bars & Pubs

    207 Superior St, Albion, MI 49224-1744

    2,291 SF 0.09 ac lot Built 1890
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US43-2254950
    Property summary
    AI-generated overview

    This exceptional 8,460-square-foot industrial property, located at 207 S Superior in Albion, Michigan, presents a unique investment opportunity. Situated on a 0.24-acre lot, the building boasts a beautifully restored first floor, originally part of an older bank. The first floor offers significant usable space, ideal for a variety of industrial or commercial uses. The second floor, while requiring renovation, presents substantial potential. Imagine transforming this space into apartments, capitalizing on the building's historical charm and existing high-quality features. The second floor currently features impressive marble wainscoting and travertine flooring throughout most of its area, showcasing the building's rich history. While some fixtures, such as older sinks, remain from a previous era, they add to the building's character and historical significance. This property offers a blend of preserved historical details and significant renovation potential, making it an attractive proposition for investors seeking a unique and potentially high-return project. The building's prime location in Albion, Michigan, adds to its appeal. This is a rare chance to acquire a piece of Albion's history and shape its future. Don't miss this opportunity to own a substantial and historically significant industrial building.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Year built 1890
    Total area 2,291 SF
    Lot 0.09 ac (4,138 SF)
    Zoning code CBD
    APN 51-000-581-00
    UPID US43-2254950
    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
    • Your Local Sign Guys (Bike/Boat/Book/etc) Store Printing Service
    • Rustic Grille Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    William Dobbins · 1 yrs held
    William Dobbins
    since 2025
    6 recorded transactions
    2025
    $225,850
    2019
    $185,000
    2018
    $10,000
    2012
    2011
    2011
    $84,000
    Zoning & alternative use
    CBD · Albion, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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