$585,000
Marshall, MI 49068
MLS# 26028436
3 baths | 3701 sqft
1 / 37
Property 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
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
General Property Info
New Construction: No
Lot Dimensions: 24x118
Road Frontage: 24
Mineral Rights: Unknown
Waterfront: No
Total # Units: 3
Total # Bldgs: 1
# Fin Bldg Lvls: 2
Total SqFt: 3701
Property Use Type: Business
School District: Marshall
Lot Measurement: Acres
Lot Acres: 0.07
Lot Square Footage: 3180
Year Built: 1865
Full Baths: 3
Total Baths: 3
Tax Info
Taxable Value: 68870
SEV: 82800
For Tax Year: 2026
Seller's Annual Property Tax: 4985
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: N/A
Tax ID #: 53-001-023-01
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
Additional Details
Total Parking Spaces: 3
Street Type
Paved: 1
Public: 1
SqFt Information
Smoke Detector(s): 1
Property Use
Business: 1
Investment: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Professional Service: 1
Professional/Office: 1
Restaurant: 1
Retail: 1
Other: 1
Construction Type
Block: 1
Other: 1
Exterior Material
Block: 1
Concrete: 1
Stone: 1
Roofing
Composition: 1
Heat Source
Electric: 1
Natural Gas: 1
Sale Conditions
None: 1
Ownership
LLC: 1
Below Grade
Basement: 1
Full: 1
Heat Type
Baseboard: 1
Mini-Split: 1
Steam: 1
Air Conditioning
Mini-Split: 1
Window Unit(s): 1
Business Includes
Furniture: 1
Inventory: 1
Real Estate: 1
Additional Features
Bath Common Area: 1
Foundation
Combination: 1
Stone: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Storm Sewer: 1
Driveway
Paved: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Unit 1
SqFt: 2141
Occupied: No
# HVAC: 2
# Baths: 1
Unit 2
SqFt: 780
Occupied: No
# Baths: 1
Unit 3
SqFt: 780
# Baths: 1
Possession
Negotiable: 1
Location Property Info
County: Calhoun
Street #: 227
Street Direction: E
Street Name: Michigan
Suffix: Avenue
State: MI
Zip Code: 49068
Zip (4): 1545
OfficeContract Info
Status: Active
Current Price: $585,000
List Price: $585,000
Listing Date: 2026-06-10
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
Supplements
split heat & AC unit on the 1st floor. First time on the market in 35 years. Asking $585,000.
Listing Office: Berkshire Hathaway HomeServices Michigan Real Estate
Listing Agent: Carole Shapiro
Last Updated: June - 10 - 2026
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