315 E Michigan Avenue

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315 E Michigan Avenue

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 available for purchase in Albion Michigan
  • Total building footprint measures 4,511 square feet
  • Property is located along the primary East Michigan Avenue corridor
  • Asset supports diverse retail or professional service business uses
  • Situated within the accessible downtown district of Calhoun County

What's Special

For sale, 315 E Michigan Avenue in Albion presents a retail storefront suitable for investors or business owners looking to establish a presence in a central Michigan community. Spanning 4,511 square feet, this property provides a functional footprint for various retail operations or service-based enterprises. Albion serves as a regional hub with historic character and proximity to major educational institutions, maintaining a consistent flow of pedestrian and vehicular traffic throughout the downtown corridor. The building design allows for flexible interior configuration, making it an adaptable asset for those seeking to renovate or occupy space within a growing suburban market. Prospective buyers will find this storefront positioned effectively to capture local market share, supported by the ongoing economic development initiatives seen across Calhoun County. Its configuration makes it a viable candidate for retail boutiques, professional offices, or specialized service centers requiring high visibility.

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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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