114 W Erie

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114 W Erie

Albion, MI 49224
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

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

  • Traditional office building available for purchase in Albion
  • Located at 114 W Erie in the 49224 zip code
  • Asset sits within a functional south-central Michigan commercial submarket
  • Suitable space for professional firms or administrative operations
  • Property offers a versatile configuration for diverse business use

What's Special

This traditional office building in Albion, Michigan, is currently for sale and presents a practical acquisition for an owner-occupant or a long-term investor seeking a stable asset. The property at 114 W Erie is situated in a location that serves the local business community, benefiting from the regional economy of south-central Michigan. Its traditional office configuration allows for a versatile floor plan suitable for professional service firms, administrative headquarters, or private consultancy practices requiring a dedicated workspace. Albion provides a steady suburban environment with access to regional transportation corridors, making it a functional hub for businesses that prioritize local accessibility. Investors looking to expand their commercial portfolio in the Michigan market will find this site offers straightforward utility. Prospective buyers can adapt the space to accommodate various corporate functions or client-facing operations as the local market continues to evolve. The building remains a viable candidate for organizations searching for a well-positioned property to house their daily operations in a professional setting.

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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

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