112 E Erie Street

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112 E Erie Street

Albion, MI 49224
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront spanning 5,424 square feet total area.
  • Property situated at 112 E Erie Street in Albion.
  • Commercial space suitable for diverse retail or service businesses.
  • Located within an established submarket of the Michigan region.
  • Accessible location for patrons from the surrounding local community.

What's Special

This 5,424 square foot retail storefront at 112 E Erie Street in Albion, Michigan, presents a functional space for business operations within the local commercial landscape. Positioned in a market that balances historical charm with regional connectivity, the property benefits from its access to major transit routes and a steady flow of local traffic. The building design supports a variety of retail or service-oriented business models looking for a permanent footprint in a well-established submarket. Investors and business owners seeking to establish a presence in this segment of the Michigan market will find the layout adaptable to diverse commercial needs. Its central location facilitates accessibility for patrons from the surrounding residential neighborhoods and nearby academic institutions. The asset is well-situated for those prioritizing visibility and operational utility in a community-focused economic environment.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times