$539,000
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.
SR 9 to Hazel Street. Turn West onto Hazel, property will be on the right hand side. Across the alley from the post office.
| MLS # | 202635230 |
|---|---|
| Date Listed | 2026-08-26 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Other |
| Square Feet | 7504 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Other |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Year Taxes Payable | 2026 |
| Year Built | 1920 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 23 |
| Living Room | 1 × 0 | Level |
| 4th Bedroom | 3 × | Level |
| 5th Bedroom | 1 × 1 | Level |
| Recreation Room | 1 × 1 | Level |
| Extra Room | 1 × 1 | Level |
| Full Baths | 3 Main, 15 Upper |
| Construction | Other |
|---|---|
| Lot Size | 17,424 sq ft |
| Acreage | 0.40 Acres |
| Lot Dimensions | 133x133 |
| Fence | None |
| Area | Noble County |
|---|---|
| County | Noble |
| Subdivision | None |
| Township | Albion |
| City | Albion |
| State | IN |
| Zip | 46701 |
| School District | Central Noble Community |
|---|---|
| Elementary | Central Noble |
| Middle School | Central Noble Jr/Sr |
| High School | Central Noble Jr/Sr |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202635230
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Vincent Crump
Hosler Realty Inc
Off: 260-347-1158
Listing updated August 27, 2026 at 5:30 pm
Last checked 3 minutes ago