Listing courtesy of Hosler Realty Inc · Listing agent: Vincent Crump · Off: 260-347-1158

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111 W Hazel Street

$539,000

$267.36 / sq ft

Est. $3,601/mo

Albion, IN 46701

Bedrooms
3
Bathrooms
2
Living area
7,504 sq ft
Lot
0.4 ac
Year built
1920
Type
Other
Listed
August 27, 2026
MLS #
202635230

About this home

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 payment estimate

$3,601/mo

Principal & interest
$2,950
Property taxes
$494
Homeowners insurance
$157
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: estimated at 1.1% of the price per year — the MLS reports no full tax bill for this home yet.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
Two
Stories
2
Total area
7,504 sq ft
Finished area above grade
2,016 sq ft
Finished area below grade
5,488 sq ft
Main level
5,488 sq ft
Upper level
2,016 sq ft
Below grade total
5,488 sq ft
Bedrooms above grade
3
Basement
Outside Entrance
Flooring
Carpet
Heating
Natural Gas, Forced Air
Cooling
Central Air
Amenities
Ceiling Fan, Fenced Yard, Off Street Parking

Exterior & parking

Construction
Brick
Roof
Rubber
Parking
Off Street
Private pool
No
Fencing
Partial, Wood
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Historic Designation
Lot size (acres)
0.4 ac
Lot dimensions
133x133
Location type
City/Town/Suburb
County
Noble County
Township
Albion
Platted
Yes
Planned unit development
No
Directions
SR 9 to Hazel Street. Turn West onto Hazel, property will be on the right hand side. Across the alley from the post office.

Schools

Elementary school
Central Noble
Middle school
Central Noble Jr/Sr
High school
Central Noble Jr/Sr
School district
Central Noble Community

Taxes & terms

Tax year
2026
Listing terms
Cash, Conventional
Possession
Day of Closing
Parcel number
57-13-24-100-030.000-002

Included in the sale

Included in sale
Building,Land

Utilities

Water
City
Sewer
Public Sewer

Income & commercial

Units
1
Buildings
1
Parking spaces
27
Pets allowed
No
Electric meters
3

Location

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$539,000

3 beds · 2 baths