200 Clinton StAlbion, MI 49224

  • Skating rinks
  • 14,754 SF
For Sale
$215,000 View listing

Property Details for 200 Clinton St

Year built
1910
Lot size
0.69 AC
Property size (Sq ft)
14,754 SF
Zone code
CBD
Property type
Skating rinks
APN
51-000-580-04
APU
5100058004

Description

This expansive 14,754 square foot industrial property located at 200 N Clinton, Albion, MI, presents a unique investment opportunity. Previously a skating rink, this building boasts a rich history and significant potential for redevelopment. The property sits on a 0.14-acre lot and includes a full kitchen, a large skating floor (requiring repairs), multiple bathrooms, and a substantial parking area. Numerous additional rooms and amenities are also present. The building is being sold "as is," with no repairs provided by the seller. This presents a chance for a buyer to envision and execute their own renovation plan, transforming this historic space into a thriving business. The property benefits from the ongoing downtown revitalization efforts and the "Big Albion Plan," suggesting a positive trajectory for the area and increased potential for return on investment. The substantial square footage offers versatility for a wide range of uses, making it an attractive prospect for entrepreneurs and investors alike. The asking price is $215,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,176,247
    Hospitality
    $2,909,425
    Educational
    $2,420,608
    Medical
    $2,503,856
    Retail
    $3,765,390

Location Insight

City
Albion
County
Calhoun
State
Michigan
Latitude
42.2464
Longitude
-84.7541
CBSA code
12980
CBSA name
BATTLE CREEK, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$8,102
-
-
$77,300
-
-
-
$154,600

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