Exceptional opportunity in the heart of downtown Albion! 111 W Hazel Street offers a unique combination of investment potential, commercial space, historic character, flexibility and residential income potential near the Noble County Courthouse and downtown businesses. The property features approximately 3,500 sq. ft. of commercial space currently configured with approximately 10 perimeter offices while maintaining a large central area. Retain the existing layout for professional, service or multi-office use, or explore opening the space for retail, showroom, studio, event, training or other concepts. Existing restrooms can remain in place, and structural character above the drop ceiling may offer additional design possibilities. A standout feature is the beautifully renovated upper-level apartment, creating the opportunity to combine business and residential uses under one roof. Utilize it for owner occupancy, employee/manager housing or potential rental income. Located within Albion's Courthouse Square area, this property offers the character and setting of an established historic downtown. Historical research indicates development along W Hazel Street dating into the 1800s, with available mapping suggesting the present building configuration developed during the early 20th century. The property also has historical ties to the Albion Eagles/Fraternal Order of Eagles Aerie #2455. Whether you're an owner-user, investor, entrepreneur or developer, this property offers multiple paths forward. Use the existing offices, create a more open concept, combine commercial and residential income, or bring your own adaptive-reuse vision. A rare opportunity to acquire substantial downtown square footage, a renovated apartment, established infrastructure and historic character in one versatile property.
Listed By
Agency Name: Hosler Realty Inc
Agency Contact: Off: 260-347-1158
Agent Name: Vincent Crump
Shown By
Agent Name: Jay Tenuta
Agent Phone: (219) 393-9163
Agency Title: Coldwell Banker 1st Choice
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Coldwell Banker 1st Choice Jay Tenuta (219) 393-9163
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111 W Hazel Street | MLS# 202635230
This multi-family property located at 111 W Hazel Street, Albion, IN 46701 is currently listed for sale with an asking price of $539,000. W Hazel Street is located within the Central Noble Community school district. Search Albion real estate on www.jaytenuta.com today.