103 E Michigan Marshall, MI $ 450,000
103 E Michigan
$ 450,000
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103 E Michigan

Marshall, MI, 49068
$ 450,000
Bedrooms-- Baths5.0

Monthly Estimate*

$ 2,771

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Commercial Property for sale in Marshall, MI

for $450,000 with 5 full baths. This building was built in 1900 on a lot size of 0.11.

Prime downtown Marshall mixed-use building offering flexible commercial space plus two residential units in the heart of the CBD. The main floor features a large retail/office area with two storefront entrances and two separate HVAC systems, allowing the space to operate as one large suite or be divided into two income-producing units. Ideal for retail, office, or an owner-occupant. The upper level includes two spacious 2-bedroom apartments, previously configured as three units. One apartment is leased, providing immediate income, while the second has been updated and is ready for a new tenant or owner-occupant. Tenants pay their own heat/AC; owner currently pays water, sewer, and electric. Located in Marshall's walkable Central Business District, this property offers access to restaurants, shops, coffee houses, festivals, and year-round community events. Downtown Marshall continues to attract residents and small businesses seeking a vibrant, small-town urban lifestyle with historic ch

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Commercial Active

Price

$ 450,000

Full Bath

5

Property Type

Commercial

Taxes

$ 4,493

Style

Retail

Lot Size

0.11

Year Built

1900

Town/City

Marshall

County/Region

Calhoun

MLS | Web ID

26021433

Features
Interior
Interior Amenities Broadband
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 5
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General
Heating Forced Air
Cooling Central Air
Utilities Phone Connected Natural Gas Connected Electricity Connected Cable Connected Storm Sewer
Possession Close Of Escrow Subject To Tenant Rights
Roof Rubber
Construction Materials Brick
Year Built 1900
Tenant Pays Electric Gas
Township Marshall City
Property Subtype Retail
Tax Year 2026
Ownership Private Owned
Business Type Professional/Office Retail
County Calhoun
New Construction N
Property Type Commercial Sale
Full Baths 5
Status Active
City Marshall
High School District Marshall
Zoning Description B-3 Central
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 4620.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 4493.89
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 88300
Legal Description Marshall City Upper Village E 35' of Lot 10
Senior Community None
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Exterior
Inclusions Other Non-Applicable
Lot Size Area 0.11
Foundation Details Stone Block
Number of Buildings 1
Spa N
Building Area Total 5491.0
Lot Dimensions 35' x 132'
Lot Size Acres 0.11
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 103
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* Excluded Features
List By
Coldwell Banker Morehart Realty

Broker

gebratcher@sbcglobal.net

Email

Affordability Calculator

$3,145
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$374
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
250905 Elementary School
248888 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/11/2026$450,000 Listed Price

Map


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103 E Michigan, Marshall, MI, 49068 is a Commercial Property for sale at $450,000 with a lot size of 0.11. 103 E Michigan has 5.0 baths and was built in 1900. The property's zip code is 49068 which is in Marshall, MI