$549,000
227 E Michigan Avenue, Marshall, MI 49068
2 beds
3 baths
3,701 sq ft
- Per sq ft
- $148
- Lot
- 0.07 acres
- Built
- 1865
- Type
- Single Family Residence
- On market
- 72 days
DescriptionShowHide
ENJOY DOWNTOWN URBAN LOFT LIVING as the large main floor business rental and 5-Star AirBnB produce income. This distinctive downtown Marshall Classic historic corner building featuring 3+ instant turnkey income opportunities was built as a bank in 1865 with the showroom meticulously restored with 15-foot ceilings, 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 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 1800's, 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. There is ample guest/customer parking on the street or the street or in the free city parking garage kitty corner to the rear. A new boiler was added in 2025 with a mini split heat & AC unit on the 1st floor. First time on the market in 35 years. Asking $585,000.
Facts & features
Interior9
- Bedrooms
- 2
- Bathrooms
- 3
- Full baths
- 2
- Half baths
- 1
- Fireplaces
- 1
- Flooring
- Carpet, Ceramic Tile, Wood
- Appliances
- Bar Fridge, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Interior features
- Ceiling Fan(s), Broadband, Guest Quarters, Eat-in Kitchen
- Basement
- Full, Michigan Basement
Square footage1
- Total living sq ft
- 3,701 sq ft
Heating, cooling & utilities5
- Heating
- Baseboard, Hot Water, Steam
- Cooling / AC
- Wall Unit(s), Window Unit(s)
- Water source
- Public
- Sewer
- Public
- Utilities
- Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected, Storm Sewer, High-Speed Internet
Parking2
- Garage
- No
- Parking
- Garage Faces Rear, Attached
Exterior & construction7
- Lot size
- 0.07 acres
- Lot features
- Corner Lot, Level, Sidewalk
- Exterior features
- Balcony
- Construction
- Block, Concrete, Stone
- Roof
- Shingle
- Architectural style
- Historic
- Year built
- 1865
Property details7
- Type
- RESIDENTIAL
- Sub-type
- Single Family Residence
- County
- Calhoun
- Parcel #
- 53-001-023-01
- Days on market
- 72
- MLS #
- 26029415
- 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 historyShowHide
- No recorded history for this property.
Listing courtesy of Berkshire Hathaway HomeServices Michigan Real Estate · Carole Shapiro
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