1154 W Michigan Avenue, Marshall, MI 49068 (MLS# 23027016)

1154 W Michigan Avenue, Marshall, MI 49068

$1,350,000

Property Type: Commercial Sale Square Footage: 15,907 Lot Size (sq. ft.): 94,090 Status: Sold

Current Price: $1,350,000 List Date: 7/27/2023 Last Modified: 1/03/2025

Overview

Description

Join the excitement in growing Marshall, Michigan, with Ford's new Blue Oval Battery Plant announced in the spring of 2023. This new Plant is a $3.5 Billion investment and is expected to bring 2,500 new jobs to the community when it opens in 2026. Construction is currently underway. This asset is positioned on the primary retail corridor for Marshall offering daily traffic counts of under 20,000. This 2.1-acre site is the first parcel east of the divided portion of Michigan Avenue and provides a ''left-in'' turn lane. Currently used as a bowling alley, the facility's value is its' great retail location. The property offers frontage on both Arms St. and Michigan Avenue. It is located 1/2 mile from I-69. Marshall, MI, is located at the intersection of I-69 and I-94, approximately 1.5

Supplements: hours to Detroit and 3 hours to Chicago, and offers a well-diversified economy supporting the entire northeastern area of the county. Listing is for real estate only. If a buyer wishes to purchase the business that is available for another $195,000 (check listing agreement) which includes a liquor license

Listing Details MLS# 23027016

Location Property Info

County: Calhoun
Street #: 1154
Street Direction: W
Street Name: Michigan
Suffix: Avenue
State: MI
Zip Code: 49068

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 2.16
Lot Square Footage: 94090
Lot Dimensions: 156XIRR
Year Built: 1950
Road Frontage: 156
Total # Units: Yes
# Fin Bldg Lvls: Yes
Total # Bldgs: Yes
Total SqFt: 15907
Full Baths: 2
Waterfront: No
School District: Marshall

Tax Info

Tax ID #: 53-004-910-10
Taxable Value: 228621
SEV: 322000
For Tax Year: 2022
Seller's Annual Property Tax: 15494.44
Tax Year: 2022
Spec Assessment & Type: n/a

Remarks Misc

Directions: Follow I-94 E to I-94BL E/M-96 E/I-94 Emergency/Michigan Ave in Marshall Township. Take exit 36 from I-69 S/I-94BL E

Status Change Info

Under Contract Date: 2024-03-25
Sold Date: 2024-12-31
Sold Price/SqFt: 84.87

More Information

Property Features

Uses: Bar/Tavern/Lounge; Professional Service; Professional/Office; Recreation; Restaurant; Retail; Other Business Includes: Real Estate Construction Type: Frame/Wood Exterior Material: Wood Siding Roofing: Composition Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Street Type: Public Purchase Terms Avail: Cash Sale Conditions: None

Listing Office: Jaqua, REALTORS Commercial

Listing Agent: Marc R Tourangeau

Last Updated: January - 03 - 2025

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