About This Home

This 3-bedroom, 2-bathroom residential multi family at 111 W Hazel Street in Albion, IN is listed for $539,000 ($72 per sqft). Built in 1920, the home offers 7,504 sqft of living space on a 0.40 acres lot.

Key Features

  • Built in 1920
  • 0.40 acre lot
  • 2 stories
  • 27 parking spaces

Property Details

2 stories
2 full
27 spaces
1920

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$2,883/mo

20% down · 6.5% · 30 years

Principal$390
Interest$2,336
Insurance$157

Estimates only. Actual payments may vary.

Location

111 W Hazel Street

Albion, IN 46701

Property Details

Flooring

Carpet

Parking

Off Street

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom residential multi family at 111 W Hazel Street is listed at $539,000 ($72/sqft). The estimated monthly payment is $2,882 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.40 acre lot, 2 stories, 27 parking spaces.

This property is listed by Vincent Crump.

VC

Vincent Crump

Agent at Hosler Realty Inc

Listed by Hosler Realty Inc · Broker phone: 2603471158 · Broker website

MLS# 202635230· Source: Upstate Alliance of REALTORS® Multiple Listing Service, Inc.· 62 days on PropertySimple

Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

111 W Hazel Street, Albion, IN 46701

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