3045 E State Road 8 Albion, IN ^$ 385,000

3045 E State Road 8

^$ 385,000

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3045 E State Road 8

Albion, IN, 46701

^$ 385,000

Studio Baths2.0 Sq 2,115

Monthly Estimate*

^$ 2,689

3045 E State Road 8, Albion, IN 46701 - Image 1

Studio

Commercial Property for sale in Albion, IN

for $385,000 with 2 full baths. This 2,115 square foot building was built in 1950 on a lot size of 0.84.

Former Lake House restaurant located on Skinner Lake in Noble County. Property includes the restaurant and equipment (As-is) along with 6 rented mobile home properties.

Commercial Active

Price

^$ 385,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 1,520

Style

Restaurant/Bar

Lot Size

0.84

Year Built

1950

Town/City

Albion

County/Region

Noble

MLS | Web ID

202124554

Features

General

Heating Forced Air

Cooling Central Air

Ceiling Height 9ft

Roof Asphalt

Parking Yes Gravel Lot Private

Water Access Type Lakefront

Sewer Public

# of Buildings 1

Status Active Active

Bathrooms 2

Year Built 1950

New Construction No

Subdivision None

Stories 1

Township Jefferson

Class COMMERCIAL

Present Use Vacant-Best for Owner/Usr

Type Restaurant/Bar

Age 74

Special Features Living Space Refrigeration/Freezer

REO No

Area Noble County

Location Rural

City Albion

Street Name State Road 8

Legal Description See broker for Legal Description

Agent First Name Greg

Agent Last Name Conkling

DOM 1781

Tax Year 2020

Restrictions Flood Plain Right of Way Road Easement

Exterior

Road Access County

Exterior Aluminum

Water Frontage 150

Driveway Gravel

Waterfront Lake

Lot Size Area 36590

Lot Dimensions Varies 150 front feet on Skinner Lake

Parking Type Surface

Fence None

Water Features Pier/Dock Deeded

Lake Ski Lake

Waterfront Y/N Yes

Interior

Flooring Carpet Vinyl Tile

Basement/Foundation Slab

Walls Drywall

* Excluded Features

List By

Greg Conkling

Listing Agent

North Eastern Group Realty

Broker

greg@northeasterngroupcr.com

Affordability Calculator

$2,816

Per Month

Monthly Principal & Interest: $2,689
Monthly Property Taxes: $127
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Albion, IN

Average List Price ^$390,000

Percent of Sale Price 1%

About Albion, IN

2,393 Population

6% Since 2002

^$51,883 Median Income

37.69 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1237469 Elementary School

1237627 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/24/2021	$385,000		Listed Price

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3045 E State Road 8, Albion, IN, 46701 is a Commercial Property for sale at $385,000 with 2,115 sqft and a lot size of 0.84. 3045 E State Road 8 is a studio with 2.0 baths and was built in 1950. The property's zip code is 46701 which is in Albion, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/5/2024.

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3045 E State Road 8

Commercial Property for sale in Albion, IN

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