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Kegan Inman

Inman Realty Company LLC

kegan@inmanrealty.com +1(812) 798-0204

Listed by Hosler Realty Inc

$ 539,000

Est. payment | -/mo

3 Beds

2 Baths

7,504 SqFt

Save Virtual Tour

$ 539,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

2 Baths

7,504 SqFt

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,504 sqft

MLS Listing ID IRM202635230

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1920

Tax Year 2026

Lot Size 0.400 Acres

Acres 0.4

Lot Dimensions 133x133

Property Sub-Type Other

Property Description

Exceptional opportunity in the heart of downtown Albion! 111 W Hazel Street offers a unique combination of investment potential, commercial space, historic character, flexibility and residential income potential near the Noble County Courthouse and downtown businesses. The property features approximately 3,500 sq. ft. of commercial space currently configured with approximately 10 perimeter offices while maintaining a large central area. Retain the existing layout for professional, service or multi-office use, or explore opening the space for retail, showroom, studio, event, training or other concepts. Existing restrooms can remain in place, and structural character above the drop ceiling may offer additional design possibilities. A standout feature is the beautifully renovated upper-level apartment, creating the opportunity to combine business and residential uses under one roof. Utilize it for owner occupancy, employee/manager housing or potential rental income. Located within Albion's Courthouse Square area, this property offers the character and setting of an established historic downtown. Historical research indicates development along W Hazel Street dating into the 1800s, with available mapping suggesting the present building configuration developed during the early 20th century. The property also has historical ties to the Albion Eagles/Fraternal Order of Eagles Aerie #2455. Whether you're an owner-user, investor, entrepreneur or developer, this property offers multiple paths forward. Use the existing offices, create a more open concept, combine commercial and residential income, or bring your own adaptive-reuse vision. A rare opportunity to acquire substantial downtown square footage, a renovated apartment, established infrastructure and historic character in one versatile property.

Location

State IN

County Noble County

Zoning Courthouse Square Zoning

Rooms

Basement None, Outside Entrance

Interior

Heating Gas, Forced Air

Inclusions Building, Land

Fireplace N

Exterior

Parking Features Off Street

Fence Partial, Wood

Waterfront Description None

View Y/N true

Total Parking Spaces 27

Building

Lot Description Historic Designation

Story Two

Sewer Public Sewer

Water City

Level or Stories Two

New Construction No

Schools

Elementary Schools Central Noble

Middle Schools Central Noble Jr/Sr

High Schools Central Noble Jr/Sr

School District Central Noble Community

Others

Pets Allowed No

Tax ID 57-13-24-100-030.000-002

Acceptable Financing IRM202635230

Listing Terms IRM202635230

Special Listing Condition None

Pets Allowed No

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202635230

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Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

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Kegan Inman

Managing Broker Indiana RB22002037

+1(812) 798-0204 | kegan@inmanrealty.com

111 W Hazel ST Albion, IN 46701

Kegan Inman

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

MORTGAGE CALCULATOR

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111 W Hazel ST

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