227 E Michigan Avenue Marshall, MI $ 585,000
227 E Michigan Avenue
$ 585,000
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227 E Michigan Avenue

Marshall, MI, 49068
$ 585,000
Bedrooms-- Baths-- Sq 3,701

Monthly Estimate*

$ 3,602

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Commercial Property for sale in Marshall, MI

for $585,000. This 3,701 square foot building was built in 1865 on a lot size of 0.07.

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

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Commercial Active

Price

$ 585,000

Property Type

Commercial

Taxes

$ 4,985

Style

Business

Lot Size

0.07

Year Built

1865

Town/City

Marshall

County/Region

Calhoun

MLS | Web ID

70538126

Features
General
Heating Baseboard Steam
Roof Composite
Status Active Active
Year Built 1865
Parking 3-5 Spaces
County Calhoun
Class COM/IND/BUS OPP
Type Business
Ownership LLC
Municipality Marshall
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Commercial Features Bath Furniture
Area Marshall (13028)
Primary City Marshall
City Marshall
Financial Terms Cash Conventional
Legal Description LL@LO
DOM 3
Postal Code 49068
Price Per Sq Ft Total AG 158.07
Public Remarks A distinctive downtown Marshall classic historic corner building featuring 3+ instant turnkey income opportunities. Built as a bank in 1865
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Exterior
Exterior Block Concrete Stone
Frontage 24
Lot Size Area 0.07
Lot Dimensions 24x118
Roads City/County Paved Street
Waterfront Y/N No
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Interior
Fuel Type Electric Natural Gas
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* Excluded Features
List By
Carole Shapiro

Listing Agent

Berkshire Hathaway Homeservices Michigan Real Estate

Broker

cjrealestate1@gmail.com

Email

Affordability Calculator

$4,017
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,602
Monthly Property Taxes
$415
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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/10/2026$585,000 Listed Price

Map


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227 E Michigan Avenue, Marshall, MI, 49068 is a Commercial Property for sale at $585,000 with 3,701 sqft and a lot size of 0.07. 227 E Michigan Avenue was built in 1865. The property's zip code is 49068 which is in Marshall, MI