realsimpli

$549,000

Active

227 E Michigan Avenue, Marshall, MI 49068

3 baths

Lot
0.07 acres
Built
1865
Type
Business
On market
71 days
DescriptionShow

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 split heat & AC unit on the 1st floor. First time on the market in 35 years. Asking $585,000.

Facts & features

Interior4
Bathrooms
3
Full baths
3
Stories
3706
Interior features
Broadband
Heating, cooling & utilities3
Heating
Baseboard, Steam
Cooling / AC
Window Unit(s)
Utilities
Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
Exterior & construction4
Lot size
0.07 acres
Construction
Block, Concrete, Stone
Roof
Composition
Year built
1865
Property details7
Type
OTHER
Sub-type
Business
County
Calhoun
Parcel #
53-001-023-01
Days on market
71
MLS #
26028436
Status
Active

District: Marshall

No individual schools were listed for this home.

Assigned schools as entered by the listing agent. Attendance boundaries change — confirm with the district before relying on this.

Price & tax historyShow
  1. No recorded history for this property.

Listing courtesy of Berkshire Hathaway HomeServices Michigan Real Estate · Carole Shapiro

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