27644 C Drive Albion, MI ^$ 2,500,000

27644 C Drive

^$ 2,500,000

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27644 C Drive

Albion, MI, 49224

^$ 2,500,000

Studio Baths0.0 Sq 38,894

Monthly Estimate*

^$ 17,463

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Studio

Commercial Property for sale in Albion, MI

for $2,500,000. This 38,894 square foot building was built on a lot size of 6.44.

Introducing an exceptional investment opportunity in the heart of Albion, MI. This hotel has 62 rooms and is ideal for a wide range of hospitality or economic ventures. Featuring ample parking, prominent visibility, and accessibility from major highways, this property holds significant potential for the discerning investor. With its prime location and close proximity to key commercial and transportation centers, it presents a compelling opportunity to capitalize on the area's growing economic landscape. Embrace the potential and imagine the possibilities with this promising property.

Commercial Active

Price

^$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

6.44

Town/City

Albion

County/Region

Calhoun

MLS | Web ID

60291449

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 19

County Calhoun

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Sheridan Twp

Zoning Commercial

Subdivision MI

Area Sheridan Twp (13019)

Primary City Albion

Directions Exiting westbound I-94 turn left on C-Drive N and Days Inn is on left. Exiting eastbound I-94 turn left on 28 mile rd then turn left on C-Drive N. Days Inn will be on the left.

City Albion

Street Name C

Financial Terms Cash Conventional

Legal Description

DOM 53

Postal Code 49224

Price Per Sq Ft 64.28

Coming Soon Introducing an exceptional investment opportunity in the heart of Albion MI. This hotel has 62 rooms and is ideal for a wide range of hospitality or economic ventures. Featuring ample parking

Exterior

Exterior Brick

Frontage 355

Lot Size Area 6.44

Lot Dimensions Irregular

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Electric

* Excluded Features

List By

Andreanna Grillo

Listing Agent

Premier Property Partners Llc

Broker

ag@premierpp.com

Affordability Calculator

$17,463

Per Month

Monthly Principal & Interest: $17,463
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

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Interest Rate

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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, MI

Average List Price ^$457,707

Percent of Sale Price 82%

About Albion, MI

8,149 Population

-10% Since 2002

^$28,788 Median Income

30.58 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/4/2024	$2,500,000		Listed Price

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27644 C Drive, Albion, MI, 49224 is a Commercial Property for sale at $2,500,000 with 38,894 sqft and a lot size of 6.44. 27644 C Drive is a studio with 0.0 baths. The property's zip code is 49224 which is in Albion, MI

*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.

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27644 C Drive

Commercial Property for sale in Albion, MI

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