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Kimberly Slucher

kimberlys@c21bradley.com +1(260) 443-8472

Listed by Brandon Hodgson • DHI Realty Inc • Cell: 618-263-8622

$ 269,900

Est. payment | -/mo

1,742 Sqft Lot

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$ 269,900

Est. payment | -/mo

Save Virtual Tour

1,742 Sqft Lot

Key Details

Property Type Commercial

Sub Type Restaurant/Bar

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202619007

Year Built 1900

Annual Tax Amount $4,543

Tax Year 2024

Lot Size 1,742 Sqft

Property Sub-Type Restaurant/Bar

Property Description

Outstanding mixed-use investment opportunity in the heart of downtown Albion! This versatile Main Street property offers a beautifully maintained commercial space on the main level and a stylish upper-level apartment/Airbnb featuring 2-3 bedrooms and 1 full bath. Whether you're looking to establish a retail shop, office, salon, studio, café, boutique, or continue operating it as a restaurant, this property offers endless possibilities. The commercial level features an open layout with attractive finishes, two half baths, vinyl plank flooring installed in 2023, a tankless water heater added in 2025, and an existing commercial kitchen and equipment that can be utilized or adapted to suit a variety of business needs. Upstairs, you'll find a comfortable and inviting living space with a new washer and dryer included, making it ideal for owner occupancy, long-term rental income, or a successful short-term rental. Separate utility meters provide added flexibility for owners and tenants. Major improvements include a new roof in 2021, replacement windows, and a new downstairs air conditioning system installed in 2025. Situated directly across from the town square, this prime location offers outstanding visibility, convenient on-street parking, and steady pedestrian and vehicle traffic. Whether you're an investor seeking multiple income streams, an entrepreneur looking for the perfect business location, or someone wanting the convenience of a live/work property, this unique opportunity is one you won't want to miss.

Location

State IL

County Edwards County (il)

Area Edwards County (Il)

Direction Located on the northwest corner of Main Street and 5th Street in downtown Albion. Property fronts Main Street (IL-15) with convenient access from IL-130 and nearby downtown businesses including McDonald's and Bobe's Pizza.

Interior

Flooring Vinyl

Appliance Building

Laundry , 7

Exterior

Roof Type Shingle

Total Parking Spaces 7

Building

Story 2

New Construction No

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202619007

IDX information provided by the Indiana Regional MLS

Nearby Locations

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Kimberly Slucher

Broker-Associate | Lic# RB1600382

kimberlys@c21bradley.com

+1(260) 443-8472

2928 E Dupont Rd., Fort Wayne, IN, 46825

1 W Main Street Albion, IL 62806

Kimberly Slucher

Key Details

Location

Interior

Exterior

Building

Others

1 W Main Street