114 W Erie Street

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114 W Erie Street

Albion, MI 49224
Business Price
Contact for price
Asset Type
Business Only Business-for-sale
Class
Class B

Financials

Real Estate
Not included
Franchise
No

AI Property Summary

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

  • Business-only opportunity located at 114 W Erie Street in Albion.
  • The facility provides 2,420 square feet of usable commercial space.
  • Albion offers a stable market environment for new business ventures.
  • The central location benefits from local customer and foot traffic.
  • This asset is currently available for purchase as a business.

What's Special

Operating a commercial venture at 114 W Erie Street provides a strategic foothold within Albion, Michigan. This 2,420-square-foot facility serves as an ideal business-only acquisition for entrepreneurs looking to establish or expand their footprint in a classic Midwest community. Albion maintains a stable economic base supported by its proximity to regional transit corridors and academic anchors, ensuring a consistent flow of local foot traffic for retail or service-based enterprises. The property layout accommodates various operational configurations, making it a functional choice for those seeking a turnkey environment to house a small business operation. The surrounding area benefits from ongoing efforts to revitalize the local downtown core, creating a supportive climate for independent commercial ventures. Investors and owner-operators will find the scale of this space appropriate for maintaining a manageable overhead while leveraging the central location to serve the broader Calhoun County market.

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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