119 N Superior Street

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119 N Superior 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).

  • The retail asset features 11,900 square feet of floor space.
  • Located at 119 N Superior Street in Albion, Michigan.
  • This storefront is situated in a vibrant college town market.
  • The versatile layout accommodates diverse retail or commercial business uses.
  • Property position ensures visibility within the established downtown business district.

What's Special

Spanning 11,900 square feet, this retail storefront occupies a prominent position at 119 N Superior Street in Albion, Michigan. The property sits within a community that serves as the home to Albion College, fostering a stable economic environment and consistent foot traffic from both students and local residents. As a versatile retail asset, the building provides significant floor area suitable for various commercial applications, ranging from traditional retail operations to creative adaptive reuse projects that align with the historic charm of the downtown district. Its central placement offers proximity to regional transportation routes, connecting the area to the broader southern Michigan market. Investors and owner-occupiers alike will recognize the potential for a substantial footprint in this established corridor. The building architecture allows for flexible interior configuration, supporting businesses that require open showroom space or subdivided floor plates for specialized inventory or service-based enterprises.

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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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