227 E Michigan Avenue, Marshall, MI 49068
New Listing $585,000
Property Type: Commercial Sale Baths: 3 Square Footage: 3,701 Lot Size (sq. ft.): 3,049 Status: Active
Current Price: $585,000 List Date: 6/10/2026 Last Modified: 6/15/2026
Overview
Description
Supplements:
Listing Details MLS# 26028436
Location Property Info
- County
- Calhoun
- Street #
- 227
- Street Direction
- E
- Street Name
- Michigan
- Suffix
- Avenue
- State
- MI
- Zip Code
- 49068
- Zip (4)
- 1545
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 0.07
- Lot Square Footage
- 3049
- Lot Dimensions
- 24x118
- Year Built
- 1865
- Road Frontage
- 24
- Mineral Rights
- Unknown
- Total # Units
- 3
- # Fin Bldg Lvls
- 3706
- Total # Bldgs
- Yes
- Total SqFt
- 3701
- Property Use Type
- Business
- Full Baths
- 3
- Total Baths
- 3
- Waterfront
- No
- School District
- Marshall
Tax Info
- Tax ID #
- 53-001-023-01
- Taxable Value
- 67060
- SEV
- 75900
- For Tax Year
- 2025
- Seller's Annual Property Tax
- 4985
- Tax Year
- 2025
- Spec Assessment & Type
- N/A
- Homestead %
- 0
Additional Details
- Total Parking Spaces
- 3
Unit 1
- SqFt
- 2141
- Occupied
- No
- # HVAC
- 2
- # Baths
- Yes
More Information
Unit 2
- SqFt
- 780
- Occupied
- No
- # Baths
- Yes
Unit 3
- SqFt
- 780
- # Baths
- Yes
Location & Property Info
- Cross Streets
- Hamilton & Michigan Ave
- Property Sub-Type
- Business Opportunity
- Municipality
- Marshall City
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 158.07
- Prop Avail for Lease?
- No
Remarks & Misc
- Public Remarks
- A distinctive downtown Marshall classic historic corner building featuring 3+ instant turnkey income opportunities. Built as a bank in 1865, the showroom has been meticulously restored with 15-foot ceilings with period crown molding and woodwork, a marble fireplace, three 8-foot and two 7-foot tall display windows and a lockable walk-in vault. The 2nd floor is split between an active, transferable 5-Star ''Superhost'' AirBnB with a private balcony and an artful urban loft one-bedroom apartment featuring a private owner's passageway between the two with a washer, dryer and housekeeping storage. Each unit has its own private staircase and entry. Used in the 1800s, the 3rd floor could be available for expansion. Enjoy the 500 square foot rooftop patio/garden for afterglow parties and the 2+ private parking spaces on the property. Ample guest/customer parking on the street or in the free city parking garage kitty corner to the rear. A new boiler was added in 2025 along with a mini
- Legal
- LL@LO
Street Type
- Paved
- Yes
- Public
- Yes
SqFt Information
- Smoke Detector(s)
- Yes
Property Use
- Business
- Yes
- Investment
- Yes
Utilities Attached
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Uses
- Professional Service
- Yes
- Professional/Office
- Yes
- Restaurant
- Yes
- Retail
- Yes
- Other
- Yes
Construction Type
- Block
- Yes
- Other
- Yes
Exterior Material
- Block
- Yes
- Concrete
- Yes
- Stone
- Yes
Roofing
- Composition
- Yes
Heat Source
- Electric
- Yes
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Ownership
- LLC
- Yes
Below Grade
- Basement
- Yes
- Full
- Yes
Heat Type
- Baseboard
- Yes
- Mini-Split
- Yes
- Steam
- Yes
Air Conditioning
- Mini-Split
- Yes
- Window Unit(s)
- Yes
Business Includes
- Furniture
- Yes
- Inventory
- Yes
- Real Estate
- Yes
Additional Features
- Bath Common Area
- Yes
Foundation
- Combination
- Yes
- Stone
- Yes
Util Avail at St
- Cable Available
- Yes
- Electricity Available
- Yes
- High Speed Internet
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Storm Sewer
- Yes
Driveway
- Paved
- Yes
Purchase Terms Avail
- Cash
- Yes
- Conventional
- Yes
Possession
- Negotiable
- Yes
Property Features
Property Use: Business; Investment SqFt Information: Smoke Detector(s) Uses: Professional Service; Professional/Office; Restaurant; Retail; Other Ownership: LLC Business Includes: Furniture; Inventory; Real Estate Construction Type: Block; Other Exterior Material: Block; Concrete; Stone Roofing: Composition Foundation: Combination; Stone Below Grade: Basement; Full Additional Features: Bath Common Area Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer Heat Source: Electric; Natural Gas Heat Type: Baseboard; Mini-Split; Steam Air Conditioning: Mini-Split; Window Unit(s) Driveway: Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None Possession: Negotiable
Listing Office: Berkshire Hathaway HomeServices Michigan Real Estate
Listing Agent: Carole Shapiro
Last Updated: June - 15 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.
