207 Superior St, Albion, MI 49224-1744
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.
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Your Local Sign Guys (Bike/Boat/Book/etc) Store Printing Service
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Rustic Grille Restaurant
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.