$549,000
( $148.34Per Sq Foot )
 $2,947 est/mo Sourced by Back At You

227 E Michigan Avenue,Marshall, MI 49068

Marshall, MI 49068

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Description

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

Details

MLS #70538126
Listing TypeFor Sale
StyleBusiness,investment
Sub-TypeResale
StatusActive
Year1865
Days On Site112
Listing Provided ByBerkshire Hathaway HomeServices Michigan Real Estate | Carole Shapiro

Features

SQ Feet3,701
BasementY
Acreage0.07

Interior

Heating Yes / NoYes
HeatingBaseboard, Steam
FurnishedFurnished

Exterior

RoofComposition
Construction MaterialsBlock, Concrete, Stone
Foundation DetailsBasement

Parking

Parking Features3-5 Spaces

Other

List AorBattle Creek Area Association of REALTORS

Taxes

Property4985

Area Information

StateMI
CountyCalhoun
CityMarshall
Zip Code49068
AreaMarshall (13028)
Listing VS Median (in 49068)
Price:
$549,000
low | high
Med:
$279,900
99.016393442623% of Average
sqft:
3,701
low | high
Med:
1,752
100% of Average
$ / sqft:
$148
low | high
Med:
$160
42.300041170746% of Average
On site:
112
low | high
Med:
32
100% of Average
Sourced by Back At You

Market Activity 49068

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Learn More About This Property

StateMI
CountyCalhoun
CityMarshall
Zip Code49068
AreaMarshall (13028)
Listing VS Median (in 49068)
Price:
$549,000
low | high
Med:
$279,900
99.016393442623% of Average
sqft:
3,701
low | high
Med:
1,752
100% of Average
$ / sqft:
$148
low | high
Med:
$160
42.300041170746% of Average
On site:
112
low | high
Med:
32
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 6:51:44 AM PDT