Property profile

207 Superior St Albion, MI 49224

OFF-MARKET
Bars & Pubs
Property ID
US43-2254950
2,291 SF 0.09 ac lot Built 1890
Individually Owned 1-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Printing Service
  • Restaurant

Location

207 Superior St Albion, MI 49224-1744
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
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Comparable Approach Comparable
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Blend (final) Blend
$120k

Owner & transaction history

since 2025
6 recorded transactions
2025
$225,850
2019
$185,000
2018
$10,000
2012
Price N/A
2011
Price N/A
2011
$84,000

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
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